SAN DIEGO, April 25, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Compass Minerals International, Inc. (NYSE:CMP) securities between November 29, 2023 and March 22, 2024. Compass Minerals provides essential minerals in the United States, Canada, the United Kingdom, and internationally.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating the Allegations that Compass Minerals International, Inc. (CMP) Overstated its business Prospects
The complaint alleges that Compass Minerals began a series of equity investments in Fortress North America, LLC, which it has described as "a next-generation fire retardant business dedicated to developing and producing a portfolio of magnesium chloride-based fire retardant products to help combat wildfires." On May 5, 2023, Compass Minerals fully took over Fortress. In 2023, Fortress only sold its fire retardant products to the United States Forest Service.
According to ...