{"id":866896,"date":"2025-07-07T09:07:18","date_gmt":"2025-07-07T13:07:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi\/"},"modified":"2025-07-07T09:07:18","modified_gmt":"2025-07-07T13:07:18","slug":"the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi\/","title":{"rendered":"The Gross Law Firm Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 &#8211; CODI"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">July 7, 2025<\/span><\/span> \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of <b>Compass Group Diversified Holdings, LLC (NYSE: CODI).<\/b><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg\" title=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" alt=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\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 class=\"prntac\">CONTACT US HERE:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4462144-5&amp;h=4090654523&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fcompass-diversified-loss-submission-form%2F%3Fid%3D155404%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fcompass-diversified-loss-submission-form%2F%3Fid%3D155404%26from%3D4\" target=\"_blank\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/compass-diversified-loss-submission-form\/?id=155404&amp;from=4<\/a>\u00a0<\/p>\n<p>\n        <b>CLASS PERIOD: <\/b><br \/>\n        <span class=\"xn-chron\">February 24, 2022<\/span> to <span class=\"xn-chron\">May 7, 2025<\/span><\/p>\n<p>\n        <b>ALLEGATIONS: <\/b>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 <span class=\"xn-person\">Lugano Holding<\/span>, Inc. (&#8220;Lugano&#8221;) 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&#8217; positive statements about the Company&#8217;s financial reporting were materially misleading. The truth emerged on <span class=\"xn-chron\">May 7, 2025<\/span>, 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 &#8220;concerns about how Lugano was potentially financing inventory.&#8221; The Company also announced that it intends to delay the filing of its first quarter 2025 Form 10-Q. Further, effective <span class=\"xn-chron\">May 7, 2025<\/span>, Lugano&#8217;s founder and CEO, <span class=\"xn-person\">Moti Ferder<\/span>, resigned from Lugano and will not receive any severance compensation. Following this news, the price of Compass&#8217; common stock declined dramatically. From a closing market price of <span class=\"xn-money\">$17.25<\/span> per share on <span class=\"xn-chron\">May 7, 2025<\/span> to <span class=\"xn-money\">$6.55<\/span> per share on <span class=\"xn-chron\">May 8, 2025<\/span>.<\/p>\n<p>\n        <b>DEADLINE: <span class=\"xn-chron\">July 8, 2025<\/span><\/b> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4462144-5&amp;h=4090654523&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fcompass-diversified-loss-submission-form%2F%3Fid%3D155404%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fcompass-diversified-loss-submission-form%2F%3Fid%3D155404%26from%3D4\" target=\"_blank\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/compass-diversified-loss-submission-form\/?id=155404&amp;from=4<\/a>\u00a0<\/p>\n<p>\n        <b>NEXT STEPS FOR SHAREHOLDERS: <\/b>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 <span class=\"xn-chron\">July 8, 2025<\/span>. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <b>WHY GROSS LAW FIRM? <\/b>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, <span>fraud<\/span>, 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        <b>CONTACT:<\/b><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/><span class=\"xn-location\">New York, NY<\/span>, 10018<br \/>Email: <a href=\"mailto:dg@securitiesclasslaw.com\" target=\"_blank\" rel=\"nofollow\">dg@securitiesclasslaw.com<\/a>\u00a0<br \/>Phone: (646) 453-8903<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY23851&amp;sd=2025-07-07\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025--codi-302497762.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025&#8211;codi-302497762.html<\/a><\/p>\n<p>SOURCE  The Gross Law Firm<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY23851&amp;Transmission_Id=202507070900PR_NEWS_USPR_____NY23851&amp;DateId=20250707\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , July 7, 2025 \/PRNewswire\/ &#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=155404&amp;from=4\u00a0 CLASS PERIOD: February 24, 2022 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. (&#8220;Lugano&#8221;) which kept undisclosed financing arrangements and exhibited irregularities &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Gross Law Firm Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 &#8211; 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-866896","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 Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 - 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-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-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 Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 - CODI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , July 7, 2025 \/PRNewswire\/ &#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=155404&amp;from=4\u00a0 CLASS PERIOD: February 24, 2022 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. (&#8220;Lugano&#8221;) which kept undisclosed financing arrangements and exhibited irregularities &hellip; Continue reading &quot;The Gross Law Firm Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 &#8211; CODI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-07T13:07:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg\" \/>\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-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Gross Law Firm Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 &#8211; 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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=155404&amp;from=4\u00a0 CLASS PERIOD: February 24, 2022 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. (&#8220;Lugano&#8221;) which kept undisclosed financing arrangements and exhibited irregularities &hellip; Continue reading \"The Gross Law Firm Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 &#8211; CODI\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi\/","og_site_name":"Market Newsdesk","article_published_time":"2025-07-07T13:07:18+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg","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-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-reminds-compass-diversified-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-8-2025-codi\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Gross Law Firm Reminds Compass Diversified Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 &#8211; 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