Compass Diversified Holdings Announces Restated Financial Results for 2024 Following Discovery of Irregularities

Reuters

06-05

<a href="https://laohu8.com/S/CODI">Compass Diversified Holdings</a> Announces Restated Financial Results for 2024 Following Discovery of Irregularities

Compass Diversified Holdings has recently announced that their 2024 financial statements should no longer be relied upon due to identified irregularities in the financial practices of its subsidiary, Lugano. The company is currently undergoing an investigation into these issues, which include unrecorded financing arrangements and discrepancies in sales, cost of sales, inventory, and accounts receivable. As a result, Compass has decided to delay the release of its Q1 2025 Form 10-Q and is in the process of restating its financial results. The announcement followed the resignation of Lugano's founder and CEO, Mordechai Ferder, who will not receive any severance compensation. Following this disclosure, Compass's stock price experienced a significant drop. Investors are being encouraged to contact Lieff Cabraser Heimann & Bernstein, LLP regarding securities class actions against Compass, with a lead plaintiff motion deadline set for July 8, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Compass Diversified Holdings published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1035813) on June 05, 2025, and is solely responsible for the information contained therein.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2541733260"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2541733260\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2541733260?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-05 21:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2541733260","market":"us","top_or_hot":-1,"title":"Compass Diversified Holdings Announces Restated Financial Results for 2024 Following Discovery of Irregularities","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/CODI\">Compass Diversified Holdings</a> Announces Restated Financial Results for 2024 Following Discovery of Irregularities\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Compass Diversified Holdings has recently announced that their 2024 financial statements should no longer be relied upon due to identified irregularities in the financial practices of its subsidiary, Lugano. The company is currently undergoing an investigation into these issues, which include unrecorded financing arrangements and discrepancies in sales, cost of sales, inventory, and accounts receivable. As a result, Compass has decided to delay the release of its Q1 2025 Form 10-Q and is in the process of restating its financial results. The announcement followed the resignation of Lugano's founder and CEO, Mordechai Ferder, who will not receive any severance compensation. Following this disclosure, Compass's stock price experienced a significant drop. Investors are being encouraged to contact Lieff Cabraser Heimann &amp; Bernstein, LLP regarding securities class actions against Compass, with a lead plaintiff motion deadline set for July 8, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Compass Diversified Holdings published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1035813) on June 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Compass Diversified Holdings Announces Restated Financial Results for 2024 Following Discovery of Irregularities</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCompass Diversified Holdings Announces Restated Financial Results for 2024 Following Discovery of Irregularities\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-05 21:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/CODI\">Compass Diversified Holdings</a> Announces Restated Financial Results for 2024 Following Discovery of Irregularities\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Compass Diversified Holdings has recently announced that their 2024 financial statements should no longer be relied upon due to identified irregularities in the financial practices of its subsidiary, Lugano. The company is currently undergoing an investigation into these issues, which include unrecorded financing arrangements and discrepancies in sales, cost of sales, inventory, and accounts receivable. As a result, Compass has decided to delay the release of its Q1 2025 Form 10-Q and is in the process of restating its financial results. The announcement followed the resignation of Lugano's founder and CEO, Mordechai Ferder, who will not receive any severance compensation. Following this disclosure, Compass's stock price experienced a significant drop. Investors are being encouraged to contact Lieff Cabraser Heimann &amp; Bernstein, LLP regarding securities class actions against Compass, with a lead plaintiff motion deadline set for July 8, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Compass Diversified Holdings published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1035813) on June 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250605:nNDL38K9yf:1","article_id":"2541733260","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541733260","pubTimestamp":1749128523,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Compass Diversified Holdings has recently announced that their 2024 financial statements should no longer be relied upon due to identified irregularities in the financial practices of its subsidiary, Lugano. The company is currently undergoing an investigation into these issues, which include unrecorded financing arrangements and discrepancies in sales, cost of sales, inventory, and accounts receivable. As a result, Compass has decided to delay the release of its Q1 2025 Form 10-Q and is in the process of restating its financial results. The announcement followed the resignation of Lugano's founder and CEO, Mordechai Ferder, who will not receive any severance compensation. Following this disclosure, Compass's stock price experienced a significant drop. Investors are being encouraged to contact Lieff Cabraser Heimann & Bernstein, LLP regarding securities class actions against Compass, with a lead plaintiff motion deadline set for July 8, 2025.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Compass Diversified Holdings在发现违规行为后宣布重述2024年财务业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CODI":0.9},"content_text":"Compass Diversified Holdings Announces Restated Financial Results for 2024 Following Discovery of Irregularities\n    \n\n        Compass Diversified Holdings has recently announced that their 2024 financial statements should no longer be relied upon due to identified irregularities in the financial practices of its subsidiary, Lugano. The company is currently undergoing an investigation into these issues, which include unrecorded financing arrangements and discrepancies in sales, cost of sales, inventory, and accounts receivable. As a result, Compass has decided to delay the release of its Q1 2025 Form 10-Q and is in the process of restating its financial results. The announcement followed the resignation of Lugano's founder and CEO, Mordechai Ferder, who will not receive any severance compensation. Following this disclosure, Compass's stock price experienced a significant drop. Investors are being encouraged to contact Lieff Cabraser Heimann & Bernstein, LLP regarding securities class actions against Compass, with a lead plaintiff motion deadline set for July 8, 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Compass Diversified Holdings published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1035813) on June 05, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory,dataReport,event","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}