Core Viewpoint - Rosen Law Firm has announced the filing of a class action lawsuit on behalf of purchasers of securities of Compass Diversified Holdings (NYSE: CODI) for the period between May 1, 2024, and May 7, 2025, due to alleged misleading statements and undisclosed financial irregularities [1][5]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period, Compass Diversified Holdings' subsidiary, Lugano Holdings, Inc., had unrecorded financing arrangements and irregularities in its financial reporting [5]. - It is alleged that the financial statements of the Company were rendered unreliable due to these irregularities, necessitating a restatement of the financials [5]. - The lawsuit also states that the Company failed to maintain adequate internal controls over its financial statements, leading to materially false and misleading public statements [5]. Group 2: Participation Information - Investors who sold or held Compass common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the Court by July 8, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
CODI Investors With Losses in Excess of $100k Have Opportunity to Lead Compass Diversified Holdings Securities Fraud Lawsuit