Core Viewpoint - A shareholder has filed a securities class action lawsuit against Compass Group Diversified Holdings, LLC, and Compass Diversified Holdings for alleged misrepresentations regarding financial arrangements and irregularities in their subsidiary's operations [1][2]. Group 1: Lawsuit Details - The lawsuit pertains to investors who purchased or acquired securities of Compass between May 1, 2024, and May 7, 2025 [1]. - Allegations include misrepresentations about unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable related to Lugano Holdings, Inc., a subsidiary of Compass [2]. Group 2: Legal Process - Investors wishing to serve as lead plaintiffs must file necessary documents by July 8, 2025 [3]. - Serving as a lead plaintiff is not required to share in any potential recovery from the lawsuit [3]. Group 3: Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented both individual investors and large public and private pension funds [4]. - The firm has been recognized for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [4].
COMPASS DIVERSIFIED HOLDINGS (NYSE: CODI) INVESTOR ALERT: Investors With Large Losses in Compass Diversified Holdings Should Contact Bernstein Liebhard LLP To Discuss Their Rights