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COMPASS DIVERSIFIED HOLDINGS SECURITIES FRAUD NOTICE: Berger Montague Informs Compass Diversified Holdings (NYSE: CODI) Investors of Securities Fraud Lawsuit

1. A class action lawsuit has been filed against Compass Diversified Holdings (CODI). 2. The lawsuit claims Compass misrepresented Lugano Holdings' financial results. 3. Investors can seek to be lead plaintiffs by July 8, 2025. 4. Allegations include accounting rule violations during fiscal 2024. 5. The lawsuit highlights ineffective internal controls over financial reporting.

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FAQ

Why Bearish?

The lawsuit and its allegations could lead to negative perceptions of CODI, similar to past issues in firms facing legal scrutiny, which tend to impact stock prices adversely.

How important is it?

The allegations concerning financial misconduct are serious and can significantly affect CODI's stock.

Why Long Term?

Prolonged legal issues can affect investor confidence and company performance over an extended period.

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LUGANOBWFGHGEN
, /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Compass Diversified Holdings ("Compass" or the "Company") (NYSE: CODI) on behalf of purchasers of Compass securities between May 1, 2024 through May 7, 2025, inclusive (the "Class Period"). Investor Deadline: Investors who purchased or acquired Compass securities during the Class Period may, no later than JULY 8, 2025, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE. Headquartered in Westport, Conn., Compass is a private equity firm which, in 2021, acquired a majority interest in Lugano Holdings, Inc., a designer of high-end jewelry, in a deal with an enterprise value of $256 million. According to the lawsuit, during the Class Period, Compass failed to disclose that: (i) Lugano had violated applicable accounting rules and industry practice during fiscal 2024; (ii) Lugano's 2024 financial results were artificially distorted by these accounting irregularities; and (iii) Compass failed to implement effective internal controls over Compass' financial reporting. To learn your rights or for more information, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Peter Hamner at [email protected]. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Communicating with any counsel is not necessary to participate or share in any recovery achieved in this case. Any member of the purported class may move the Court to serve as a lead plaintiff through counsel of his/her choice, or may choose to do nothing and remain an inactive class member. Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco and Chicago, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States. Contact: Andrew Abramowitz, Senior CounselBerger Montague(215) 875-3015[email protected]  Peter HamnerBerger Montague PC[email protected]  SOURCE Berger Montague WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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