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Compass Diversified Takes Action to Improve its Financial Position in Response to Investigation into Lugano Holding, Inc.
CODIpass Diversified LLC(CODI) GlobeNewswire·2025-05-27 20:10

Entered into Forbearance Agreement with Lender Group Reduced Management Fees Suspended Quarterly Distribution on Common Shares Received Notice of Late Filing from NYSE WESTPORT, Conn., May 27, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI”) today provided an update on steps it is taking to enhance liquidity and reduce costs in the wake of its announcement that it is investigating, and has preliminarily identified irregularities in, the financing, accounting, and inventory practices at its ...