CODI INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Compass Diversified Holdings and Announces Opportunity for Investors with Substantial Losses to Lead Investor Class Action Lawsuit

Core Viewpoint - Compass Diversified Holdings is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, primarily related to financial misstatements and irregularities in its subsidiary, Lugano Holdings, Inc. [1][3][4] Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Augenbaum v. Compass Diversified Holdings, and it involves purchasers of Compass Diversified securities from May 1, 2024, to May 7, 2025 [1]. - The lawsuit alleges that Compass Diversified made false statements and failed to disclose significant accounting violations by Lugano, which affected the reported financial results for fiscal 2024 [3]. - On May 7, 2025, Compass Diversified announced that it would restate its 2024 financial statements due to identified irregularities, leading to a stock price drop of over 62% [4]. Group 2: Financial Impact and Legal Representation - The acquisition of Lugano Holdings was announced on September 7, 2021, with an enterprise value of 256 million [2]. - Robbins Geller Rudman & Dowd LLP is representing the plaintiffs in the class action, highlighting their experience in prosecuting investor class actions related to financial fraud [5][7]. - In 2024, Robbins Geller recovered over 2.5 billion for investors in securities-related class action cases, indicating their capability in handling significant financial recoveries [7].