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CODI DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Compass Diversified Holdings Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CODI
GlobeNewswire News Room· 2025-06-19 19:18
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][3] 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 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 statements, leading to materially false and misleading public statements [5]
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Compass Group Diversified Holdings, LLC(CODI) Shareholders
Prnewswire· 2025-06-19 13:00
NEW YORK, June 19, 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=153516&from=4CLASS PER ...
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Compass Diversified Holdings (NYSE: CODI)
GlobeNewswire News Room· 2025-06-19 12:15
Core Viewpoint - A class action lawsuit has been filed against Compass Group Diversified Holdings, LLC and its senior officers for alleged violations of the Securities Exchange Act of 1934, related to misrepresentations about financing arrangements and irregularities in financial reporting [1][3]. Group 1: Legal Action Details - The complaint was filed in the United States District Court for the Central District of California on behalf of investors who acquired Compass securities between May 1, 2024, and May 7, 2025 [1]. - The allegations include misrepresentations concerning unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable of the subsidiary, Lugano Holdings, Inc. [3]. Group 2: Class Action Participation - Investors who purchased Compass securities are encouraged to discuss their legal rights and options, with contact information provided for further inquiries [2]. - Individuals interested in serving as lead plaintiff must file necessary documents by July 8, 2025, although participation as a class member does not require serving as lead plaintiff [4]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large pension funds [5]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" and listed in The Legal 500 for several consecutive years [5].
CODI LAWSUIT ALERT: The Gross Law Firm Notifies Compass Group Diversified Holdings, LLC Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-06-18 13:27
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI) regarding a class action lawsuit due to undisclosed financial irregularities and internal control failures [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that Compass failed to disclose effective internal controls over financial reporting and critical information regarding its subsidiary, Lugano Holding, Inc. This included undisclosed financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable [3]. - The truth about these issues emerged on May 7, 2025, when Compass announced that its financial statements for fiscal 2024 could no longer be relied upon due to an ongoing internal investigation into Lugano [3]. - Following this announcement, Compass's stock price plummeted from $17.25 per share on May 7, 2025, to $6.55 per share on May 8, 2025 [3]. Next Steps for Shareholders - Shareholders who purchased shares of CODI during the class period (May 1, 2024, to May 7, 2025) are encouraged to register for the class action by July 8, 2025 [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case [4]. Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices [5].
CODI NOTICE: Did Compass Diversified Holdings Mislead Investors? Contact BFA Law by July 8 Court Deadline if You Suffered Losses (NYSE:CODI)
GlobeNewswire News Room· 2025-06-18 12:38
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Compass Diversified Holdings and Compass Group Diversified Holdings, LLC (NYSE: CODI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Compass you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/compass-diversified-holdings. Investors ...
CODI DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Compass Diversified Holdings Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CODI
GlobeNewswire News Room· 2025-06-16 21:09
NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Compass Diversified Holdings (NYSE: CODI) between May 1, 2024, and May 7, 2025, both dates inclusive (the “Class Period”), of the important July 8, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Compass securities you may be entitled to compensation without payment of any out of pocket fees or costs through a ...
CODI SHAREHOLDER REPORT: Compass Diversified Holdings was Sued for Fraud – Investors with Losses are Notified to Contact BFA Law by July 8 Court Deadline (NYSE:CODI)
GlobeNewswire News Room· 2025-06-16 12:18
NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Compass Diversified Holdings and Compass Group Diversified Holdings, LLC (NYSE: CODI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Compass you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/compass-diversified-holdings. Investors ...
Shareholders that lost money on Compass Group Diversified Holdings, LLC(CODI) should contact The Gross Law Firm about pending Class Action - CODI
Prnewswire· 2025-06-16 09:45
NEW YORK, June 16, 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=152947&from=4CLASS PER ...
Scott+Scott Attorneys at Law LLP Reminds Investors of Its Current Investigation Into Compass Diversified Holdings (NYSE: CODI)
GlobeNewswire News Room· 2025-06-14 15:56
Core Viewpoint - Scott+Scott Attorneys at Law LLP is investigating potential misleading statements and failures to disclose material information by Compass Diversified Holdings and its officers, which may violate federal securities laws [1]. Company Overview - Compass Diversified Holdings owns and manages a diverse portfolio of middle-market businesses, including Lugano Holdings, Inc., a luxury jewelry designer and manufacturer [2]. Recent Developments - On May 7, 2025, Compass issued a press release stating it would not rely on its financial statements for fiscal 2024 due to an ongoing internal investigation into Lugano, which identified irregularities in financing, accounting, and inventory practices [3]. - Following the announcement, the stock price of Compass fell by $10.70, nearly 62%, closing at $6.55 on May 8, 2025, with unusually high trading volume [3].
CODI SHAREHOLDERS: Compass Diversified Holdings Investors are Reminded of the Pending Securities Fraud Class Action – Contact BFA Law by July 8 Deadline (NYSE:CODI)
GlobeNewswire News Room· 2025-06-14 12:48
Core Viewpoint - A lawsuit has been filed against Compass Diversified Holdings and its executives for potential violations of federal securities laws, specifically related to alleged misstatements in financial statements and irregularities in operations [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Central District of California, captioned Matthews v. Compass Group Diversified Holdings, Inc., et al., No. 25-cv-981 [2]. - Investors have until July 8, 2025, to request to be appointed to lead the case [2]. Group 2: Allegations Against Compass - The complaint alleges that Compass's fiscal 2024 financial statements contained material misstatements regarding unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable related to Lugano Holdings, Inc. [3]. - Compass is a statutory trust that manages a portfolio of small and middle-market businesses, including Lugano Holdings, a high-end jewelry designer and manufacturer [3]. Group 3: Stock Market Reaction - Following the announcement on May 7, 2025, that investors should not rely on its fiscal 2024 financial statements due to an ongoing internal investigation, Compass's stock price dropped approximately 62%, from $17.25 per share to $6.55 per share [4]. - The company indicated that it had identified irregularities in Lugano's financing, accounting, and inventory practices, leading to the resignation of Lugano's founder and CEO without severance compensation [4].