Compass diversified (codi) situation worsens, admits accounting irregularities during 2022 - 2024, expanded class period in amended securities class action complaint - hagens berman

San francisco , june 26, 2025 /prnewswire/ -- after hours on june 25, 2025, connecticut-based private equity firm compass diversified (nyse: codi) filed a report with the sec warning investors not to rely on previously issued financial statements for its fiscal years ended- and interim periods within- december 31, 2022 and 2023, citing an expanded scope of previously disclosed accounting irregularities. the firm is navigating a turbulent period marked a precipitous stock decline, burgeoning class-action lawsuits, and recent accounting malfeasance revelations at one of its portfolio companies now spanning its 2022 through 2024 fiscal years.
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