CODI Investors Have Opportunity to Lead Compass Diversified Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against Compass Diversified for violations of securities laws due to false and misleading statements related to its financial reporting [1][4]. Summary by Sections Class Action Details - Investors who purchased Compass securities between May 1, 2024, and May 7, 2025, are encouraged to participate in the lawsuit before July 8, 2025 [2]. Allegations Against the Company - The complaint alleges that Compass made false and misleading statements, particularly regarding its subsidiary Lugano Holdings Inc., which failed to maintain accurate financial records [4]. - Irregularities were reported in sales, cost of sales, inventory, and accounts receivable figures, leading to unreliable financial statements [4]. - The company is expected to restate its financial reports due to these issues, indicating a failure to maintain appropriate internal controls over financial reporting [4]. Legal Representation - The Schall Law Firm specializes in securities class action lawsuits and is representing investors in this case [5].