Compass Minerals International, Inc.

Registration Deadline:

06/24/2024

A securities class action has been filed in the USDC KS against Compass Minerals International, Inc. (CMP) (“Compass Minerals” or the “Company”), on behalf of all persons or entities who purchased or otherwise acquired Compass Minerals securities between November 29, 2023 and March 22, 2024, both dates inclusive (the “Class Period”).

 

Defendant 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. [. . .] The Company’s next-generation fire retardants help to slow, stop and prevent wildfires through the use of high-performing and environmentally-friendly products.”

 

The complaint alleges, 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 magnesiumchloride-based aerial fire retardants for the 2024 fire season, as a result of safety issues presented by its fire retardant;

(2) Compass Minerals materially overstated the extent to which testing had confirmed that its fire retardants were safe; and

(3) as a result, Defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times, thereby harming investors.

 

 

If you purchased Compass Minerals securities during the class period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.

 

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

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