Overview

A class action lawsuit has been filed against Compass Group Diversified Holdings, LLC, and Compass Diversified Holdings, (together, “Compass” or the “Company”) and certain of the Company’s former and current senior executive officers (collectively, “Defendants”) alleging violations of the federal securities laws. The Company’s common stock trades on the New York Stock Exchange (the “NYSE”) under the ticker symbol “CODI”, and its three classes of preferred stock trade on the NYSE as “CODI-PB”, “CODI-PA”, and “CODI-PC”.

The Compass class action lawsuit was brought on behalf of all persons or entities who purchased or otherwise acquired publicly traded Compass securities between May 1, 2024, and May 7, 2025, both dates inclusive (the “Class Period”).

Compass is a publicly traded investment holding company that acquires and manages middle-market businesses across various industries. The Company’s business purpose is to own and operate a diverse set of defensible businesses in sectors such as consumer, industrial, healthcare, and outsourced services.

The Compass class action lawsuit alleges that Defendants, throughout the Class Period, made false and/or misleading statements and/or failed to disclose that: (1) the Company’s subsidiary, Lugano Holdings, Inc. (“Lugano”), maintained unrecorded financing arrangements and irregularities in its sales, cost of sales, inventory, and accounts receivable; (2) the irregularities and undisclosed details in Lugano’s financial statements rendered the Company’s financial statements unreliable, and would require restatement; (3) Compass failed to maintain adequate internal controls related to its financial statements; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

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If you purchased or otherwise acquired publicly traded Compass securities between May 1, 2024, and May 7, 2025, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected]. 

The deadline to apply to the Court to serve as lead plaintiff in the Compass class action lawsuit is July 8, 2025.