{"id":863410,"date":"2025-06-24T16:33:44","date_gmt":"2025-06-24T20:33:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\/"},"modified":"2025-06-24T16:33:44","modified_gmt":"2025-06-24T20:33:44","slug":"barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\/","title":{"rendered":"Barrack, Rodos &amp; Bacine Reminds Shareholders that They Have Two Weeks to Seek Appointment As Lead Plaintiff in the Securities Class Action Lawsuit Against Compass Group Diversified Holdings LLC (CODI)"},"content":{"rendered":"<div class=\"mw_release\">\n<p>PHILADELPHIA, June  24, 2025  (GLOBE NEWSWIRE) &#8212; The law firm of Barrack, Rodos &amp; Bacine reminds investors who purchased stock in Compass Group Diversified Holdings, LLC (NYSE: CODI) between May 1, 2024, and May 7, 2025 have two weeks to seek appointment as lead plaintiff in a pending action against Compass.\u00a0 Compass is an investment holding company and one of its subsidiary businesses is Lugano Holdings, Inc., a jewelry company.<\/p>\n<p>\n        <strong>WHAT\u2019S THIS ABOUT?<\/strong><br \/>\n        <br \/>On March 7, 2025, Compass announced that an ongoing investigation into Lugano had \u201cpreliminarily identified irregularities\u201d in Lugano\u2019s \u201caccounting and inventory practices.\u201d\u00a0 Compass\u2019s \u201cconcerns about how Lugano was potentially financing inventory\u201d led the Audit Committee of the Compass Board to conclude that its previously issued financial statements for 2024 should no longer be relied upon. The company further concluded that it intended to delay filing its Form 10-Q for the first quarter of 2025.\u00a0\u00a0<\/p>\n<p>Compass also announced that Lugano\u2019s founder and CEO, Moti Ferder, had resigned, effective immediately, and would not receive severance compensation.<\/p>\n<p>On this news, Compass\u2019s share price fell 62%, or $10.70 per share, from $17.25 on the market\u2019s close on May 7 to $6.55 at the close the following day.<\/p>\n<p>The Complaint alleges that Compass had failed to maintain adequate internal controls over its financial statements, rendering them unreliable and misleading.\u00a0\u00a0<\/p>\n<p>\n        <strong>WHAT CAN I DO<\/strong><br \/>\n        <br \/>If you purchased Compass stock during the Class Period and sustained a loss on your investment, you are encouraged to contact us about your rights in this matter and the possibility of leading this class action lawsuit. You may contact the firm by calling Linda Border or Mark Stein at 877-386-3304, or via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zgjK9F4Fcwo8yyL-4-L80nBL1qZpt0ERCLO3hmbLizVBDEcO7PrESOOeLySppq87DY-zxxPI_o0qZ2uPiHrBBT6yMnTeMLguL-ERlFBxHoLQSkVoyNcEm3eAexkjUhmE\" rel=\"nofollow\" target=\"_blank\">investoralert@barrack.com<\/a>, or visiting the firm\u2019s web site (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=E5is6ssSMFnqa6h2FhcNp_1QdpmiuU_F9wkyo7z60aTMk88thldUMz_hYKKZTZoM4joNJxZAS14xkQSXluU-pw==\" rel=\"nofollow\" target=\"_blank\">barrack.com<\/a>).<\/p>\n<p>Investors have until July 8, 2025, to submit a motion to be appointed as lead plaintiff. Your ability to participate in any recovery does not require that you serve as lead plaintiff or attempt to do so.<\/p>\n<p>\n        <strong>WHO WE ARE<\/strong><br \/>\n        <br \/>Barrack, Rodos &amp; Bacine has more than four decades of experience prosecuting securities law class actions, including cases involving accounting fraud and insider trading, and has achieved some of the largest recoveries in U.S. history of securities litigation. The firm&#8217;s largest recoveries on behalf of investors include $6.19 billion for WorldCom investors, $3.32 billion for Cendant investors, $1.05 billion for McKesson investors, and $970.5 million for AIG investors.\u00a0<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ4MzY2MCM3MDE1ODUxIzIwMjQ3NTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YTJkMzdkNjQtYzkzNS00ZDYwLWJlZGUtMDllYzJjZDFiNmRmLTEwMzYzMjktMjAyNS0wNi0yNC1lbg==\/tiny\/Barrack-Rodos-Bacine.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHILADELPHIA, June 24, 2025 (GLOBE NEWSWIRE) &#8212; The law firm of Barrack, Rodos &amp; Bacine reminds investors who purchased stock in Compass Group Diversified Holdings, LLC (NYSE: CODI) between May 1, 2024, and May 7, 2025 have two weeks to seek appointment as lead plaintiff in a pending action against Compass.\u00a0 Compass is an investment holding company and one of its subsidiary businesses is Lugano Holdings, Inc., a jewelry company. WHAT\u2019S THIS ABOUT? On March 7, 2025, Compass announced that an ongoing investigation into Lugano had \u201cpreliminarily identified irregularities\u201d in Lugano\u2019s \u201caccounting and inventory practices.\u201d\u00a0 Compass\u2019s \u201cconcerns about how Lugano was potentially financing inventory\u201d led the Audit Committee of the Compass Board to conclude that its previously issued financial statements &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Barrack, Rodos &amp; Bacine Reminds Shareholders that They Have Two Weeks to Seek Appointment As Lead Plaintiff in the Securities Class Action Lawsuit Against Compass Group Diversified Holdings LLC (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-863410","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Barrack, Rodos &amp; Bacine Reminds Shareholders that They Have Two Weeks to Seek Appointment As Lead Plaintiff in the Securities Class Action Lawsuit Against Compass Group Diversified Holdings LLC (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\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Barrack, Rodos &amp; Bacine Reminds Shareholders that They Have Two Weeks to Seek Appointment As Lead Plaintiff in the Securities Class Action Lawsuit Against Compass Group Diversified Holdings LLC (CODI) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, June 24, 2025 (GLOBE NEWSWIRE) &#8212; The law firm of Barrack, Rodos &amp; Bacine reminds investors who purchased stock in Compass Group Diversified Holdings, LLC (NYSE: CODI) between May 1, 2024, and May 7, 2025 have two weeks to seek appointment as lead plaintiff in a pending action against Compass.\u00a0 Compass is an investment holding company and one of its subsidiary businesses is Lugano Holdings, Inc., a jewelry company. WHAT\u2019S THIS ABOUT? On March 7, 2025, Compass announced that an ongoing investigation into Lugano had \u201cpreliminarily identified irregularities\u201d in Lugano\u2019s \u201caccounting and inventory practices.\u201d\u00a0 Compass\u2019s \u201cconcerns about how Lugano was potentially financing inventory\u201d led the Audit Committee of the Compass Board to conclude that its previously issued financial statements &hellip; Continue reading &quot;Barrack, Rodos &amp; Bacine Reminds Shareholders that They Have Two Weeks to Seek Appointment As Lead Plaintiff in the Securities Class Action Lawsuit Against Compass Group Diversified Holdings LLC (CODI)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-24T20:33:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ4MzY2MCM3MDE1ODUxIzIwMjQ3NTc=\" \/>\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\\\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Barrack, Rodos &amp; 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Bacine reminds investors who purchased stock in Compass Group Diversified Holdings, LLC (NYSE: CODI) between May 1, 2024, and May 7, 2025 have two weeks to seek appointment as lead plaintiff in a pending action against Compass.\u00a0 Compass is an investment holding company and one of its subsidiary businesses is Lugano Holdings, Inc., a jewelry company. WHAT\u2019S THIS ABOUT? On March 7, 2025, Compass announced that an ongoing investigation into Lugano had \u201cpreliminarily identified irregularities\u201d in Lugano\u2019s \u201caccounting and inventory practices.\u201d\u00a0 Compass\u2019s \u201cconcerns about how Lugano was potentially financing inventory\u201d led the Audit Committee of the Compass Board to conclude that its previously issued financial statements &hellip; Continue reading \"Barrack, Rodos &amp; Bacine Reminds Shareholders that They Have Two Weeks to Seek Appointment As Lead Plaintiff in the Securities Class Action Lawsuit Against Compass Group Diversified Holdings LLC (CODI)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\/","og_site_name":"Market Newsdesk","article_published_time":"2025-06-24T20:33:44+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ4MzY2MCM3MDE1ODUxIzIwMjQ3NTc=","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\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/barrack-rodos-bacine-reminds-shareholders-that-they-have-two-weeks-to-seek-appointment-as-lead-plaintiff-in-the-securities-class-action-lawsuit-against-compass-group-diversified-holdings-llc-c\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Barrack, Rodos &amp; 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