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Berger Montague Reminds Compass Minerals International (CMP) Investors With Substantial Losses to Inquire About a Securities Fraud Class Action by June 24, 2024
Philadelphia, Pennsylvania--(Newsfile Corp. - June 12, 2024) - A securities fraud lawsuit has bee...
About this update from Cmp Mining, Inc.
[{"type":"text","content":"Berger Montague Reminds Compass Minerals International (CMP) Investors With Substantial Losses to Inquire About a Securities Fraud Class Action by June 24, 2024Philadelphia, Pennsylvania--(Newsfile Corp. - June 12, 2024) - A securities fraud lawsuit has been filed against Compass Minerals International, Inc. (\"Compass Minerals\" or the \"Company\") (NYSE: CMP). The lawsuit is captioned Valentine v. Compass Minerals International, Inc., et al., No. 2:24-cv-02165 (D. Kan.), and is filed on behalf of purchasers of Compass Minerals securities between November 29, 2023 and March 22, 2024, inclusive (the \"Class Period\").CLICK HERE TO LEARN MORE ABOUT THIS LAWSUIT.Investors who purchased or acquired Compass Minerals securities during the Class Period may, no later than June 24, 2024, seek to be appointed as a lead plaintiff representative of the class. Headquartered in Overland Park, Kansas, Compass Minerals describes itself as \"a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve nature's challenges for customers and communities.\"According to the complaint, throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Compass Minerals overstated the likelihood that it would be awarded a renewed U.S. Forest Service contract for the use of its proprietary magnesium chloride-based aerial fire retardants for the 2024 fire season, as a result of safety issues presented by its fire retardant; and (2) Compass Minerals materially overstated the extent to which testing had confirmed that its fire retardants were safe.For additional information or to learn how to participate in this litigation, please contact Berger Montague: James Maro at [email protected] or (267) 637-3176, or Andrew Abramowitz at [email protected] or (215) 875-3015, or CLICK HERE. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any r...