CODI INVESTOR NOTICE: Compass Diversified Holdings Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

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]