#USA #New York #Gross Law Firm #CODI #Compass Group Diversified

Important Notice for Compass Group Diversified Holdings Shareholders

The Gross Law Firm has issued a crucial notice for shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI). It is imperative for shareholders who bought shares during the defined class period to take action before July 8, 2025. This article highlights the steps shareholders need to take to protect their rights and seek potential recovery through a class action lawsuit.

Call to Action for Shareholders

Shareholders who bought shares of CODI from February 24, 2022, to May 7, 2025, are encouraged to reach out to The Gross Law Firm to discuss their rights and options for potentially becoming a lead plaintiff. While being appointed as a lead plaintiff is not mandatory to participate in any recovery process, timely registration is crucial.

The firm has set up a registration system for affected shareholders to streamline their participation. By registering, shareholders can stay informed about case developments through a portfolio monitoring software, ensuring they receive ongoing updates throughout the life cycle of this lawsuit.

Background of the Allegations

The allegations arise from events during the identified class period, where it is claimed that the company's management failed to properly disclose crucial financial information. This included ineffective internal controls over financial reporting and critical undisclosed details related to Lugano Holding, Inc. ("Lugano"). The lack of disclosure regarding Lugano's financing arrangements and irregularities in inventory, sales, cost of sales, and accounts receivable are central to the claims against the firm.

As a result of these issues, defendants' previously favorable statements regarding the company’s financial performance have been deemed materially misleading. The situation took a dramatic turn on May 7, 2025, when the company announced that their financial statements for fiscal 2024 could no longer be relied upon due to a significant internal investigation focusing on Lugano. This revelation led to alarming consequences for Compass's stock value, plummeting from $17.25 to $6.55 per share in just a day, highlighting the potential impacts on shareholders.

Upcoming Deadlines and Next Steps

The critical deadline for shareholders to submit their information and secure their place in this class action is July 8, 2025. Shareholders are urged not to postpone their registration for fear of missing out on potential recovery avenues. The registration link provided by The Gross Law Firm simplifies the process for investors affected by this situation.

Once registered, shareholders will benefit from continuous updates on the status of the lawsuit without any financial commitments or risks on their part.

Why Choose The Gross Law Firm?

Recognized nationally as a reputable class action law firm, The Gross Law Firm focuses on safeguarding the rights of investors. Their mission is to advocate for shareholders who have been affected by fraudulent business practices and misinformation by corporations. By holding companies accountable, they strive for improved corporate governance and ethical business conduct.

Investors can rest assured that the firm is thoroughly dedicated to representing their interests and obtaining compensation for losses incurred due to misleading information or omissions.

To learn more about the registration process or if you have other inquiries regarding participation in this class action, please reach out to The Gross Law Firm directly at their New York office:

• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: info@grosslawfirm.com
• - Phone: (646) 453-8903

Take action today and secure your rights as a shareholder in Compass Group Diversified Holdings, LLC to ensure you have a voice in potential recovery initiatives. Your quick response can make a significant difference in your investment's future.