Berger Montague Reminds Compass Diversified Holdings Investors of Securities Fraud Class Action Deadline
- Editor
- Jun 23
- 1 min read
Whats Happening:
Berger Montague PC, a law firm, has announced a securities class action lawsuit against Compass Diversified Holdings. The lawsuit alleges that Compass failed to disclose accounting irregularities at its subsidiary Lugano Holdings, Inc. during fiscal 2024, which artificially distorted Lugano's financial results. Investors who purchased Compass securities between May 1, 2024, and May 7, 2025, are urged to contact the law firm by July 8, 2025, to potentially join the lawsuit as lead plaintiffs.
Key Moves:
Securities class action lawsuit filed against Compass Diversified Holdings
Lawsuit alleges undisclosed accounting irregularities at Compass subsidiary Lugano Holdings
Investors who bought Compass securities between May 1, 2024 and May 7, 2025 urged to contact Berger Montague
By The Numbers:
Class period: May 1, 2024 to May 7, 2025
Deadline for investors to contact law firm: July 8, 2025
Lugano Holdings acquired by Compass in 2021 for $256 million enterprise value
Key Quotes:
"To learn your rights or for more information, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Peter Hamner at phamner@bm.net."
Bottom Line:
A securities class action lawsuit has been filed against Compass Diversified Holdings, alleging undisclosed accounting irregularities at its subsidiary Lugano Holdings. This legal action highlights potential risks for investors in private equity-owned companies and underscores the importance of transparent financial reporting in the private markets sector.
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