pass Diversified LLC(CODI)
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ROSEN, THE FIRST FILING FIRM, Encourages Compass Diversified Holdings Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm- CODI
GlobeNewswire News Room· 2025-05-22 18:24
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Compass Diversified Holdings during the specified class period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - The class period for the Compass securities class action is from May 1, 2024, to May 7, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting the law firm [3][6]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions [4]. - Rosen Law Firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors [4]. Group 3: Case Allegations - The lawsuit alleges that Compass's subsidiary, Lugano Holdings, Inc., had unrecorded financing arrangements and irregularities in its financial statements [5]. - It is claimed that these irregularities rendered Compass's overall financial statements unreliable and necessitated a restatement [5]. - The lawsuit asserts that Compass failed to maintain adequate internal controls over its financial reporting, leading to materially false and misleading public statements [5].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Compass Group Diversified Holdings, LLC (CODI) Shareholders
GlobeNewswire News Room· 2025-05-22 17:48
Core Viewpoint - A class action securities lawsuit has been filed against Compass Group Diversified Holdings, LLC due to alleged securities fraud affecting investors between May 1, 2024, and May 7, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Compass Diversified failed to disclose effective internal controls over financial reporting and critical information regarding its subsidiary, Lugano Holding, Inc., which had undisclosed financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable [2]. - The truth about Compass's financial reporting emerged on May 7, 2025, when the company announced that its fiscal 2024 financial statements could no longer be relied upon due to an internal investigation into Lugano [2]. - Following the announcement, Compass's stock price plummeted from $17.25 per share on May 7, 2025, to $6.55 per share on May 8, 2025 [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until July 8, 2025, to request the Court to appoint them as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States [4].
Contact The Gross Law Firm by July 8, 2025 Deadline to Join Class Action Against Compass Group Diversified Holdings, LLC(CODI)
Prnewswire· 2025-05-22 09:45
NEW YORK, May 22, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI).Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/compass-diversified-loss-submission-form/?id=149541&from=4CLASS PERI ...
Investors in Compass Group Diversified Holdings, LLC Should Contact The Gross Law Firm Before July 8, 2025 to Discuss Your Rights – CODI
GlobeNewswire News Room· 2025-05-21 17:21
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI). Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/compass-diversified-loss-submission-form/?id=149378&from=3 CL ...
Scott+Scott Attorneys at Law LLP Continues to Remind Investors of Its Ongoing Investigation Into Compass Diversified Holdings (NYSE: CODI)
GlobeNewswire News Room· 2025-05-21 15:55
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Compass Diversified Holdings (“Compass” or the “Company”) (NYSE: CODI) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Compass owns ...
NYSE: CODI INVESTOR ALERT: Berger Montague Advises Compass Diversified Holdings Investors (NYSE: CODI) of a July 8, 2025 Deadline
GlobeNewswire News Room· 2025-05-21 15:33
Core Viewpoint - A securities class action lawsuit has been filed against Compass Diversified Holdings for failing to disclose significant accounting irregularities related to its acquisition of Lugano Holdings, leading to a substantial drop in stock price [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of purchasers of Compass securities from May 1, 2024, to May 7, 2025, inclusive [1]. - Investors have until July 8, 2025, to seek appointment as lead plaintiff [2]. - The lawsuit alleges that Compass did not disclose violations of accounting rules by Lugano and that financial results were distorted due to these irregularities [3]. Group 2: Financial Impact - On May 7, 2025, Compass announced the need to restate its 2024 financial statements due to identified irregularities, causing its stock price to fall by $10.70, a decline of over 62%, closing at $6.55 on May 8, 2025 [4]. Group 3: Company Background - Compass Diversified Holdings is a private equity firm based in Westport, Connecticut, which acquired a majority interest in Lugano Holdings in 2021 for an enterprise value of $256 million [2].
Compass Diversified Holdings: July 8, 2025 Filing Deadline in Securities Class Action Lawsuit – Contact Wolf Popper LLP
GlobeNewswire News Room· 2025-05-21 14:08
Group 1 - Three class action lawsuits have been filed on behalf of investors who purchased Compass Diversified Holdings common stock between May 1, 2024 and May 7, 2025, with a lead plaintiff deadline of July 8, 2025 [1] - On May 7, 2025, Compass disclosed non-reliance on its financial statements for fiscal 2024 due to an ongoing internal investigation into its subsidiary, Lugano Holding, Inc, which identified irregularities in financing, accounting, and inventory practices [2] - Following the announcement, Compass' stock price dropped by $10.70 per share to $6.55 on May 8, 2025, representing a decline of 62.0% on heavy trading volume [2] Group 2 - The Audit Committee of Compass Diversified Holdings' Board of Directors initiated an investigation after concerns were raised about Lugano's financing practices, leading to the conclusion that the financial statements for 2024 require restatement [2] - The founder and CEO of Lugano resigned from all positions amid the investigation [2]
Barrack, Rodos & Bacine Notifies Shareholders of Compass Group Diversified Holdings LLC (CODI) of a Securities Class Action Lawsuit
GlobeNewswire News Room· 2025-05-21 13:30
Core Points - A class action lawsuit has been filed against Compass Group Diversified Holdings, LLC (NYSE: CODI) for investors who purchased stock between May 1, 2024, and May 7, 2025 [1] - An investigation into Lugano Holdings, a subsidiary of Compass, revealed irregularities in accounting and inventory practices, leading to the conclusion that previously issued financial statements for 2024 should not be relied upon [2] - Following the announcement of the investigation, Compass's share price dropped by 62%, from $17.25 to $6.55 per share [3] Company Specifics - The resignation of Lugano's founder and CEO, Moti Ferder, was announced, effective immediately, with no severance compensation [3] - The lawsuit alleges that Compass failed to maintain adequate internal controls over its financial statements, making them unreliable and misleading [3] Legal and Investor Actions - Investors who purchased Compass stock during the class period and incurred losses are encouraged to contact the law firm for potential participation in the class action lawsuit [4] - The deadline for investors to submit a motion to be appointed as lead plaintiff is July 8, 2025 [5] Law Firm Background - Barrack, Rodos & Bacine has extensive experience in prosecuting securities law class actions, achieving significant recoveries in past cases [6]
CODI LAWSUIT: Lose Money on Compass Diversified Holdings? Contact BFA Law before July 8 Court Deadline
GlobeNewswire News Room· 2025-05-21 12:46
Investors have until July 8, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Compass securities. The case is pending in the U.S. District Court for the Central District of California and is captioned Matthews v. Compass Group Diversified Holdings, Inc., et al., No. 25-cv-981. NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & A ...
Compass Diversified: Overreaction To Its Internal Investigation Creates Potential Buying Opportunity
Seeking Alpha· 2025-05-21 04:18
Group 1 - Compass Diversified (NYSE: CODI) is an investment holding company that manages and owns controlling interests in several medium-sized businesses across various industries [1] - The company experienced a significant drop of 62% on May 8 [1] Group 2 - The article does not provide any additional relevant information regarding the company or industry [2][3]