Compass Group(CMPGY)

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Compass Diversified Loses Its Bearings
Seeking Alpha· 2025-05-12 15:49
Take advantage of the currently offered discount on annual memberships and give CIP a try. The offer comes with a 11 month money guarantee , for first time members.Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.We have not written about Compass Diversified (NYSE: CODI ...
Shareholder Alert: Robbins LLP Informs Investors of the Compass Group Diversified Holdings, LLC Class Action Lawsuit
Prnewswire· 2025-05-11 23:56
Core Points - A class action has been filed against Compass Group Diversified Holdings, LLC (NYSE: CODI) on behalf of investors who acquired its securities between May 1, 2024, and May 7, 2025 [1] - The allegations include insufficient disclosure controls and failure to disclose unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable related to its subsidiary, Lugano Holdings, Inc. [2] - On May 7, 2025, Compass announced the need to restate its financial statements for fiscal 2024 due to identified irregularities in Lugano's financing and accounting practices, leading to a significant drop in stock price [3] Company Information - Compass Group Diversified Holdings, LLC is a statutory trust that manages a portfolio of small and middle-market businesses, including Lugano Holdings, Inc., which specializes in high-end jewelry [1] - The company is currently under investigation for its financial disclosures and practices related to its subsidiary [2][3] Legal Proceedings - Shareholders interested in participating in the class action must file their papers by July 8, 2025, to serve as lead plaintiff [4] - The representation in the class action is on a contingency fee basis, meaning shareholders will not incur fees or expenses [5]
Faruqi & Faruqi Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 - CODI
GlobeNewswire News Room· 2025-05-11 13:03
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Compass Diversified due to alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by July 8, 2025 [4][6]. Group 1: Allegations Against Compass Diversified - The complaint alleges that Compass and its executives made false and misleading statements and failed to disclose irregularities in its subsidiary, Lugano Holdings, Inc., including unrecorded financing arrangements and issues with sales, cost of sales, inventory, and accounts receivable [6]. - It is claimed that the irregularities in Lugano's financial statements rendered Compass's overall financial statements unreliable and necessitated a restatement [6]. - The company is accused of failing to maintain adequate internal controls related to its financial statements, leading to materially false and misleading public statements [6]. Group 2: Impact on Stock and Investor Losses - On May 7, 2025, Compass disclosed that its financial statements for fiscal year 2024 should no longer be relied upon due to an ongoing internal investigation into Lugano Holdings, resulting in the resignation of Lugano's founder and CEO without severance [7]. - Following this disclosure, Compass Diversified's stock price fell by 8% during after-hours trading, causing significant losses for investors [8]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $100,000 in Compass stock or options between May 1, 2024, and May 7, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1]. - The court-appointed lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who can direct and oversee the litigation on behalf of the class [9]. - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Compass's conduct [10].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Compass Diversified – CODI
GlobeNewswire News Room· 2025-05-09 18:55
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Compass Diversified (“CODI” or the “Company”) (NYSE: CODI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether CODI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On May 7, 2025, CODI i ...
COMPASS ALERT: Bragar Eagel & Squire, P.C. is Investigating Compass Diversified on Behalf of Compass Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-05-09 01:00
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Compass Diversified (“Compass” or the “Company”) (NYSE:CODI) on behalf of Compass stockholders. Our investigation concerns whether Compass has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. The investigation focuses on whether the Company issued false and/or mi ...
Compass, Inc. (COMP) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2025-05-08 23:10
Compass, Inc. (COMP) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.08, delivering a surprise of 11.11%.Over the last four quarters, the company has surpassed ...
Compass Diversified Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - CODI
Prnewswire· 2025-05-08 22:48
LOS ANGELES, May 8, 2025 /PRNewswire/ -- The DJS Law Group announces that it is investigating claims on behalf of investors of Compass Diversified ("Compass" or "the Company") (NYSE: CODI) for violations of the securities laws.INVESTIGATION DETAILS: According to the Company, its investigation "has preliminarily identified irregularities in Lugano's non-CODI financing, accounting, and inventory practices," adding that, "Effective May 7, 2025, Lugano's founder and CEO, Moti Ferder, resigned from all of his po ...
Compass, Inc. Reports Record First Quarter 2025 Results
Prnewswire· 2025-05-08 20:06
Revenue in Q1 Grew 28.7% YoY and Organic Revenue Grew 14.6% YoY Quarterly Market Share Grew 125bps YoY to a Record 6.0%; Organic Share Was Up 82bpsOperating Cash Flow Grew 169% YoY to a Record $23.1 Million in Q1NEW YORK, May 8, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), a leading tech-enabled real estate services company that includes the largest residential real estate brokerage in the United States by sales volume1, announced its financial results for the first quarter ...
Why Fast-paced Mover Compass (COMP) Is a Great Choice for Value Investors
ZACKS· 2025-05-07 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...
Compass, Inc. (COMP) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2025-05-01 15:08
The market expects Compass, Inc. (COMP) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 8, 2025, might help the stock move higher if these key numbers are be ...