Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Compass Minerals International, Inc..
This lawsuit is on behalf of all purchasers of Compass Minerals common stock between October 31, 2017 and November 18, 2018, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until December 20, 2022 to petition the court. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
According to a filed complaint, Compass Minerals International, Inc. issued materially false and/or misleading statements and/or failed to disclose that: 1) costs at the Company’s salt mine in Goderich, Ontario were increasing rather than decreasing; 2) defendants had misrepresented the amount of salt the Company was able to produce at Goderich using the new continuous mining and continuous haulage equipment; and 3) the known and ongoing production shortfalls the Company was experiencing were reasonably expected to reduce its future operating income.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
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