Compass diversified (codi) faces crisis as lugano scandal forces downgrade, investor lawsuit – hagens berman

San francisco, june 13, 2025 (globe newswire) -- compass diversified's (nyse: codi) tumultuous spring continued as jefferies analysts recently downgraded the company's stock amid a sweeping securities class action lawsuit filed by investors, both moves stemming from a widening accounting scandal at its lugano subsidiary.  the dual blows—wall street's loss of confidence and mounting legal challenges—have sent compass's shares into a tailspin, erasing over 70% of the company's market value over the past three months and casting a pall over the once high-flying holding firm.
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