CODI Investors Have Opportunity To Lead Compass Diversified Securities Fraud Lawsuit With The Schall Law Firm

(MENAFN- PR Newswire)

LOS ANGELES, June 9, 2025 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Compass Diversified ("Compass" or "the Company") (NYSE: CODI ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between May 1, 2024, and May 7, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before July 8, 2025.

If you are a shareholder who suffered a loss, click here to participate .

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at , or by email at [email protected] .

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Lugano Holdings Inc. ("Lugano"), a subsidiary of Compass, failed to maintain a full recording of its financial arrangements, suffering irregularities in sales, cost of sales, inventory, and account receivable figures. The Company's financial statements were rendered unreliable due to the irregularities and undisclosed arrangements in Lugano's financial statements. The Company's financial reports would require restatement due to the problems with Lugano. The Company failed to maintain appropriate internal controls over financial reporting. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Compass, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,

Office: 310-301-3335

[email protected]

SOURCE The Schall Law Firm

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