Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

The Law Offices of Frank R. Cruz Announces Investigation of Compass Minerals International, Inc. (CMP) on Behalf of Investors

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

The Law Offices of Frank R. Cruz announces an investigation of Compass Minerals International, Inc. (“Compass” or the “Company”) (NYSE: CMP) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On September 23, the U.S. Securities and Exchange Commission (“SEC”) announced that Compass had been ordered to pay $12 million to settle charges for “misleading investors” by repeatedly assuring that a technology update at its most significant salt mine was “on track to materially reduce costs and boost its operating results starting in 2018,” when, in reality, costs at the mine were increasing, “substantially [undermining] the projected savings.” Further, the SEC also noted that Compass overstated the amount of salt it was able to produce.

On this news, Compass’s stock fell $1.58, or 4.1%, to close at $36.88 per share on September 23, 2022, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Compass securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  272.68
+1.51 (0.56%)
AAPL  293.32
+5.88 (2.05%)
AMD  455.19
+46.73 (11.44%)
BAC  51.31
-1.44 (-2.73%)
GOOG  397.05
+1.75 (0.44%)
META  609.63
-7.18 (-1.16%)
MSFT  415.12
-5.65 (-1.34%)
NVDA  215.20
+3.70 (1.75%)
ORCL  195.95
+1.36 (0.70%)
TSLA  428.35
+16.56 (4.02%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.