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Levi & Korsinsky Class Action Alert for Compass Group Investors

Levi & Korsinsky, LLP has officially notified investors of Compass Group Diversified Holdings, LLC, also known as Compass Diversified, about a significant class action lawsuit. This legal action has been triggered by allegations surrounding securities fraud that took place from February 24, 2022, to May 7, 2025. The firm is urging affected investors to take note of an important deadline approaching on July 8, 2025.

Background of the Case

This class action lawsuit aims to help investors recover their losses attributed to alleged misrepresentation and inadequate internal controls within Compass Diversified. During the named period, it has been claimed that the company failed to disclose crucial information regarding its financial reporting.

The lawsuit stems specifically from issues involving Lugano Holding, Inc., a subsidiary of Compass. The company's complaint states that multiple financial irregularities went unreported, creating a misleading picture of Compass's financial health. The failure to disclose these issues paints the defendants' positive assertions regarding the company’s financial reporting as misleading at best.

The situation became public knowledge on May 7, 2025, when Compass disclosed that its 2024 financial statements were unreliable due to an ongoing internal investigation into Lugano. Concerns were raised about Lugano's financing practices, and as a result of these revelations, the share price of Compass plummeted from $17.25 at the close on May 7 to just $6.55 on May 8.

What Do Affected Investors Need to Know?

Investors who experienced losses during this period are eligible to request the court to appoint them as lead plaintiffs, a process that must be completed by July 8, 2025. Importantly, those who are part of this class action do not need to serve as lead plaintiff to recover potential compensation.

No costs are required upfront for investors to participate in this lawsuit. Levi & Korsinsky emphasizes that class members can pursue compensation without any out-of-pocket expenses.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has built a reputable track record over the last two decades in securities litigation. They have successfully secured hundreds of millions of dollars in recoveries for shareholders chasing justice against corporate misconduct. Their experienced team specializes in representing investors in intricate cases and prides itself on its established history of success in high-stakes situations.

Contact Information

For any affected investors wishing to learn more or to participate in the class action, please reach out to:

• - Joseph E. Levi, Esq. at email protected] or call (212) 363-7500.
• - The firm’s offices are located at 33 Whitehall Street, 17th Floor, New York, NY 10004.
• - Further details can also be found on their official website: [Levi & Korsinsky.

In light of the serious implications of this lawsuit, all concerned investors are encouraged to act swiftly to ensure their rights are protected.