Compass Diversified completes financial restatement following fraud
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Compass Diversified Completes Restatement of Previously Issued Financial Statements
December 8, 2025 6:50 AM ESTWESTPORT, Conn., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (CODI or the Company), an owner of leading middle-market branded consumer and industrial businesses, today announced the filing of its restated financial results for fiscal years 2022, 2023, and 2024 and the financial information for each of the interim periods included within those years.
We are pleased to have completed this extensive restatement process. The financial and accounting fraud perpetrated by the former CEO of Lugano Holding, Inc. (Lugano) was pervasive, complex and isolated to Lugano. Our restatement is an important step in... More
