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Posted by
Two Blokes Jun 26 -
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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.
