#United States #New York #Class Action #Gross Law Firm #Compass Group

Gross Law Firm Alerts Investors

On June 12, 2025, the Gross Law Firm issued a notice aimed at shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI). Investors who acquired shares of COPI within the defined class period from May 1, 2024, to May 7, 2025, are strongly encouraged to contact the firm for potential lead plaintiff appointments. Notably, it is not necessary to be appointed as the lead plaintiff in order to partake in any potential recovery.

Background of the Case

Throughout the class period, allegations have surfaced indicating that Compass Group did not disclose crucial information concerning their financial operations and internal controls. These deficiencies raise serious concerns regarding the company’s transparency and corporate governance practices.

The situation escalated on May 7, 2025, when Compass Group made a shocking announcement stating that its financial reports for fiscal year 2024 were no longer reliable. This was attributed to an internal investigation regarding its subsidiary, Lugano Holding, Inc. The investigation focused on undisclosed financing arrangements and irregularities related to sales, cost of sales, inventory, and accounts receivable.

As a result of these developments, Compass management declared their intent to delay filing the first quarter of 2025's Form 10-Q, which fueled investor uncertainty. Furthermore, the sudden resignation of Lugano's founder and CEO, Moti Ferder, added to the tumult surrounding the company. After this news broke, Compass Group's stock plummeted dramatically—from $17.25 per share on May 7 to $6.55 per share just a day later.

Important Deadlines

All shareholders should register promptly to participate in this lawsuit. The deadline to seek lead plaintiff status in this class action is July 8, 2025.

Additionally, by registering, shareholders will be enrolled in a portfolio monitoring software that provides updates throughout the lifecycle of the case. With no cost or obligation to participate, investors are encouraged to exercise their rights.

Why Choose Gross Law Firm?

The Gross Law Firm is recognized nationally for its commitment to protecting the interests of investors who have faced losses due to deceitful actions and unlawful business practices. The firm's mission is to ensure that companies engage in ethical corporate practices while adhering to financial regulations. Their expert legal team works diligently to recover losses for investors misled by false or misleading statements made by companies.

Contact Information

For more details about this class action lawsuit or to secure your position in the case, contact Gross Law Firm at:
Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
Email: [email protected]
* Phone: (646) 453-8903

This is a crucial moment for shareholders of Compass Group Diversified Holdings, LLC. Stay informed and act swiftly to ensure your rights are protected.