Compass diversified provides an update on its financial statements amid the ongoing investigation into lugano holding, inc.

Westport, conn., june 25, 2025 (globe newswire) -- compass diversified (nyse: codi) (“codi”) today disclosed non-reliance on its financial statements for fiscal years 2022 and 2023 amid an ongoing investigation into its subsidiary lugano holding, inc. (“lugano”). this follows codi's may 7 disclosure concerning non-reliance on its 2024 financial statements. as previously disclosed, the investigation has preliminarily identified irregularities in lugano's financing, accounting, and inventory practices.
CODI Ratings Summary
CODI Quant Ranking