PHILADELPHIA, May 21, 2025 (GLOBE NEWSWIRE) -- The law firm of Barrack, Rodos & Bacine announces that a class action lawsuit has been filed on behalf of investors who purchased stock in Compass Group Diversified Holdings, LLC (NYSE: CODI) between May 1, 2024, and May 7, 2025. Compass is an investment holding company and one of its subsidiary businesses is Lugano Holdings, Inc., a jewelry company. WHAT’S THIS ABOUT?On March 7, 2025, Compass announced that an ongoing investigation into Lugano had “preliminari ...

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 ...

SAN DIEGO, May 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Compass Diversified Holdings (NYSE: CODI) publicly traded securities between May 1, 2024 and May 7, 2025, both dates inclusive (the “Class Period”), have until July 8, 2025 to seek appointment as lead plaintiff of the Compass Diversified class action lawsuit. Captioned Augenbaum v. Compass Diversified Holdings, No. 25-cv-01003 (C.D. Cal.), the Compass Diversified class actio ...

BENSALEM, Pa., May 20, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Compass Group Diversified Holdings ("Compass" or the "Company") (NYSE: CODI).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN COMPASS GROUP DIVERSIFIED HOLDINGS (CODI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JULY 8, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT ...

PHILADELPHIA, May 20, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Compass Diversified Holdings ("Compass" or the "Company") (NYSE: CODI) on behalf of purchasers of Compass securities between May 1, 2024 through May 7, 2025, inclusive (the "Class Period"). Investor Deadline: Investors who purchased or acquired Compass securities during the Class Period may, no later than JULY 8, 2025, seek to be appointed as a lead plaintiff represen ...

NEW YORK, May 20, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Compass Group Diversified Holdings, LLC ("Compass Diversified" or the "Company") (NYSE: CODI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Compass Diversified investors who were adversely affected by alleged securities fraud between May 1, 2024 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra ...

NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Compass Group Diversified Holdings, LLC ("Compass Diversified" or the "Company") (NYSE: CODI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Compass Diversified investors who were adversely affected by alleged securities fraud between May 1, 2024 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com ...

NEW YORK, May 19, 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 ...

Core Viewpoint - Compass Diversified Holdings (NYSE: CODI) is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to financial misstatements and irregularities in its subsidiary, Lugano Holdings, Inc. [1][3][4] Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Augenbaum v. Compass Diversified Holdings, and it allows purchasers of Compass Diversified securities between May 1, 2024, and May 7, 2025, to seek lead plaintiff status by July 8, 2025 [1][6] - The lawsuit alleges that Compass Diversified made false statements and failed to disclose significant accounting violations at Lugano, which distorted its financial results for fiscal 2024 [3][4] - On May 7, 2025, Compass Diversified announced the need to restate its 2024 financial statements due to identified irregularities, leading to a stock price drop of over 62% [4] Group 2: Financial Impact and Company Actions - The acquisition of Lugano Holdings was announced on September 7, 2021, with an enterprise value of $256 million [2] - The company has indicated that it will delay the filing of its first quarter 2025 Form 10-Q as a result of the ongoing internal investigation [4] - Robbins Geller Rudman & Dowd LLP, representing the plaintiffs, has a strong track record in prosecuting investor class actions, having recovered over $2.5 billion for investors in 2024 alone [7]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Compass Diversified due to alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by July 8, 2025 [2][4]. Group 1: Allegations Against Compass Diversified - The complaint alleges that Compass and its executives made false or misleading statements and failed to disclose significant issues related to its subsidiary, Lugano Holdings, Inc., including unrecorded financing arrangements and irregularities in financial reporting [4]. - It is claimed that the financial statements of Compass as a whole were rendered unreliable due to these irregularities, necessitating a restatement of financial results [4]. - The company failed to maintain adequate internal controls over its financial statements, leading to materially false public statements [4]. Group 2: Recent Developments - On May 7, 2025, Compass disclosed that its financial statements for fiscal year 2024 should no longer be relied upon due to an ongoing internal investigation into Lugano Holdings, which identified irregularities in financing, accounting, and inventory practices [5]. - Following this announcement, Compass Diversified's stock price fell by 8% in after-hours trading, indicating a negative impact on investors [6]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses in Compass stock or options between May 1, 2024, and May 7, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1]. - The role of lead plaintiff in the class action lawsuit is open to any member of the putative class, with the ability to share in any recovery not affected by the decision to serve as lead plaintiff [7].