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Compass Diversified plunges after fraud forces financial reset
short by / on Friday, 5 December, 2025
Compass Diversified shares tumbled 18% after the company said fraud at its Lugano unit will force restatements for 2022-2024, prompting removal of its financials due to non-reliance. CEO Elias Sabo called it the most significant loss in the firm's history, noting the fraud was pervasive but isolated. Investors now await the company's restated results.
read more at Stocktwits