SAN DIEGO, Nov. 25, 2022 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistel Law Office On behalf of the investors of Compass Minerals International, Inc. (NYSE: CMP) (“Compass” or the “Company”), we are pleased to announce that a class action lawsuit has been initiated. The class action is being filed on behalf of stockholders who purchased his Compass Securities between October 31, 2017 and November 18, 2018, inclusive (the “Class Period”). Investors are hereby notified that they must notify the Court by December 20, 2022 to act as the lead plaintiff in this action.
What action should I take at this time? If you have suffered a loss and would like to learn more about becoming a lead plaintiff, please contact Jim Baker at jimb@johnsonfistel.com by email or by phone at 619-814-4471. Please include your phone number when emailing.
Click the link below or copy and paste it into your browser to join the action.
https://www.cognitoforms.com/JohnsonFistel/Compass Minerals International Inc2
There are no costs or obligations on you.
According to the lawsuit, during the class period, the defendants provided investors with a successful continuous mining and continuous hauling (“CMCH”) upgrade at Godrich Mine, the world’s largest underground salt mine located in Ontario, Canada. I repeatedly assured myself that I was making progress. By significantly reducing costs, from 2018 he will boost Compass’ performance. However, defendants’ statements were misleading because they failed to inform investors that costs at the Goderich mine were increasing, not decreasing. The Compass class action lawsuit further states that Defendant misrepresented the amount of salt Compass was able to produce at Goderich using his new CMCH equipment, and that known ongoing production shortfalls would reduce future operating profits. He claims that he did not disclose the reasons that could reasonably have been expected. The lawsuit alleges that investors suffered damages when the true details entered the market.
The lead plaintiff will act on behalf of all other class members in directing the Compass class action. A lead plaintiff can choose a law firm to file a class action lawsuit. An investor’s ability to share in the potential future recovery of a Compass class action lawsuit is not dependent on serving as a primary plaintiff.
See below for more information regarding the lead plaintiff process. https://www.johnsonfistel.com/lead-plaintiff-deadlines.
About Johnson Fistell LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses caused by violations of federal securities laws. Learn more about our firm and its attorneys below. http://www.johnsonfistel.comAttorney Ads. Past results are no guarantee of future results.
contact:
Johnson Fistel Law Office
Jim Baker 619-814-4471
Investor information
jimb@johnsonfistel.com
