{"id":858617,"date":"2025-06-09T13:38:27","date_gmt":"2025-06-09T17:38:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/"},"modified":"2025-06-09T13:38:27","modified_gmt":"2025-06-09T17:38:27","slug":"the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/","title":{"rendered":"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, June  09, 2025  (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of <strong>Compass Group Diversified Holdings, LLC (NYSE: CODI).<\/strong><\/p>\n<p>Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<p align=\"center\">CONTACT US HERE:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=B63XNGCaN7hBWQcZxuairwlxPifR_D8RRsm7xeYGGCOVkXIWEzV2rwOYfhfYhFxGEylrTD3etu90xfML07fE7krM9VoKZTfyglV1IwU0DNaano1mjm0YsT4DnaocE2FwSw5IVltHlYPPSEbLQe5J7iEuMQQI9GFWR82-QjFaSG0wk2-dDvxmrjgXDpUWqqUIepzE_z4wYD33Ph8vxe-GVeRI15g3HhLw1eAJDsa5hHu509cHMN3v-Wpz8SZcetMgyvKjLKVViDxRkck1_9L-WyInz3P1D4NRYb3pOJ7wQ88K34ejsTVybEdEtmJGSy3d\" rel=\"nofollow\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/compass-diversified-loss-submission-form\/?id=151945&amp;from=3<\/a>\n      <\/p>\n<p>\n        <strong>CLASS PERIOD: <\/strong>May 1, 2024 to May 7, 2025<\/p>\n<p>\n        <strong>ALLEGATIONS: <\/strong>According to the complaint, throughout the class period, defendants failed to disclose to investors that Compass lacked effective internal controls over its financial reporting; that Compass failed to disclose critical information regarding Lugano Holding, Inc. (\u201cLugano\u201d) which kept undisclosed financing arrangements and exhibited irregularities in its sales, cost of sales, inventory and accounts receivable; and that, as a result of the foregoing, defendants\u2019 positive statements about the Company\u2019s financial reporting were materially misleading. The truth emerged on May 7, 2025, after the market closed, the Company announced that its financial statements for fiscal 2024 could no longer be relied upon due to an ongoing internal investigation into its subsidiary, Lugano. Specifically, Compass reported that its Audit Committee launched an investigation over \u201cconcerns about how Lugano was potentially financing inventory.\u201d The Company also announced that it intends to delay the filing of its first quarter 2025 Form 10-Q. Further, effective May 7, 2025, Lugano\u2019s founder and CEO, Moti Ferder, resigned from Lugano and will not receive any severance compensation. Following this news, the price of Compass\u2019 common stock declined dramatically. From a closing market price of $17.25 per share on May 7, 2025 to $6.55 per share on May 8, 2025.<\/p>\n<p>\n        <strong>DEADLINE: July 8, 2025<\/strong> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=B63XNGCaN7hBWQcZxuairwlxPifR_D8RRsm7xeYGGCOVkXIWEzV2rwOYfhfYhFxGEylrTD3etu90xfML07fE7krM9VoKZTfyglV1IwU0DNaano1mjm0YsT4DnaocE2FwSw5IVltHlYPPSEbLQe5J7vJHWzgQp7HUZzHNQUrsQ2VZ6rRCqo32hTDy7x_k1UtMp09HiGaqoUJRRxF2PfVtH3VEBarxt1OyAHHMNz1aiiWTKnNdqdAsvwXnWdzy972XOQT9abcyBm4pHZkiHE4TbiXlJr-t4Y02bXF2_REKiSvO3oC3tIkA-pWg5582rPJK\" rel=\"nofollow\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/compass-diversified-loss-submission-form\/?id=151945&amp;from=3<\/a>\u00a0<\/p>\n<p>\n        <strong>NEXT STEPS FOR SHAREHOLDERS: <\/strong>Once you register as a shareholder who purchased shares of CODI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 8, 2025. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <strong>WHY GROSS LAW FIRM? <\/strong>The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/>New York, NY, 10018<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eDEBF7DG--VQHdh53VhDe6Qcq24BsBjZId60tyg3Ex48aMU-3cmtamsNRa_wJkYy88KFd8Yl_Jpn5shl-whQ_FR3zYhjPsJHjo6b5-C3mn8U6Kd2ZoA8qyiQGN1btJUr\" rel=\"nofollow\" target=\"_blank\">dg@securitiesclasslaw.com<\/a>\u00a0<br \/>Phone: (646) 453-8903<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NDc3OSM2OTc5ODM2IzIyNTg5MTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/Mzk2ZDMyOWYtMWI0MS00YWViLTgzNWItMDQxYzNjOGE5M2RmLTEyNzA0NjctMjAyNS0wNi0wOS1lbg==\/tiny\/The-Gross-Law-Firm.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI). Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/compass-diversified-loss-submission-form\/?id=151945&amp;from=3 CLASS PERIOD: May 1, 2024 to May 7, 2025 ALLEGATIONS: According to the complaint, throughout the class period, defendants failed to disclose to investors that Compass lacked effective internal controls over its financial reporting; that Compass failed to disclose critical information regarding Lugano Holding, Inc. (\u201cLugano\u201d) which kept undisclosed financing arrangements and exhibited irregularities in its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-858617","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI). Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/compass-diversified-loss-submission-form\/?id=151945&amp;from=3 CLASS PERIOD: May 1, 2024 to May 7, 2025 ALLEGATIONS: According to the complaint, throughout the class period, defendants failed to disclose to investors that Compass lacked effective internal controls over its financial reporting; that Compass failed to disclose critical information regarding Lugano Holding, Inc. (\u201cLugano\u201d) which kept undisclosed financing arrangements and exhibited irregularities in its &hellip; Continue reading &quot;The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-09T17:38:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NDc3OSM2OTc5ODM2IzIyNTg5MTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI\",\"datePublished\":\"2025-06-09T17:38:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\\\/\"},\"wordCount\":494,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ2NDc3OSM2OTc5ODM2IzIyNTg5MTc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\\\/\",\"name\":\"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/","og_locale":"en_US","og_type":"article","og_title":"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI - Market Newsdesk","og_description":"NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI). Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/compass-diversified-loss-submission-form\/?id=151945&amp;from=3 CLASS PERIOD: May 1, 2024 to May 7, 2025 ALLEGATIONS: According to the complaint, throughout the class period, defendants failed to disclose to investors that Compass lacked effective internal controls over its financial reporting; that Compass failed to disclose critical information regarding Lugano Holding, Inc. (\u201cLugano\u201d) which kept undisclosed financing arrangements and exhibited irregularities in its &hellip; Continue reading \"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/","og_site_name":"Market Newsdesk","article_published_time":"2025-06-09T17:38:27+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NDc3OSM2OTc5ODM2IzIyNTg5MTc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI","datePublished":"2025-06-09T17:38:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/"},"wordCount":494,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NDc3OSM2OTc5ODM2IzIyNTg5MTc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-8-2025-in-compass-diversified-lawsuit-codi\/","name":"The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Compass Diversified Lawsuit \u2013 CODI - 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