GlobeNewswire News Roomยท2025-05-22 18:24Core 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].