Compass Diversified (CODI) Plunges 59% as Lugano Unit Probe Reveals Deep Accounting Problems - Hagens Berman

Firm Investigating Possible Violations of U.S. Securities LawsSAN FRANCISCO, May 9, 2025 /PRNewswire/ -- Compass Diversified (NYSE: CODI), a Westport, Connecticut-based investment firm, saw its stock plunge 59% on Thursday, May 8, after announcing that its 2024 financial statements could no longer be relied upon due to irregularities uncovered at its Lugano Holding subsidiary. Hagens Berman is investigating potential violations of the U.S. securities laws and urges investors who purchased Compass shares and ...