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Johnson Fistel Begins Investigation on Behalf of Long-Term Compass Diversified Holdings Shareholders
Globenewswireยท2025-10-01 21:30

Core Viewpoint - Johnson Fistel, PLLP has initiated an investigation into board members and executive officers of Compass Diversified Holdings for potential breaches of fiduciary duties and violations of federal securities laws [1]. Group 1: Investigation Details - A class action complaint was filed against Compass Diversified Holdings, alleging that from May 1, 2024, to May 7, 2025, the defendants made false and misleading statements and failed to disclose that the company had overstated the financial performance and stability of its portfolio companies [2]. - The complaint claims that the defendants' positive statements regarding CODI's business, operations, and prospects were materially false and misleading and lacked a reasonable basis [2]. Group 2: Stockholder Rights - Current stockholders who held their Compass Diversified Holdings stock before March 1, 2025, are encouraged to contact Johnson Fistel to discuss their legal rights in this matter [3].