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NEW YORK, Nov. 15, 2022 (GLOBE NEWSWIRE) — Bernstein Liebhard LLP, a nationally recognized investor rights law firm, is reminding investors of the deadline for filing a motion by lead plaintiff in a securities class action lawsuit filed on behalf of investors, who have between purchased or acquired the common stock of Compass Minerals International, Inc. (“Compass Minerals” or the “Company”) (NYSE: CMP). October 31, 2017 and November 18, 2018, inclusive (the “Class Period”). The lawsuit was filed in the United States District Court for the District of Kansas alleging violations of the Securities Exchange Act of 1934.
Compass Minerals mines and produces essential minerals, including salt for winter road safety and other consumer, industrial and agricultural uses, as well as specialty plant nutrient minerals that enhance crop quality and yield. During the Class Period, the Company operated three business segments: the Salt segment, the Plant Nutrition North America segment and the Plant Nutrition South America segment. The Salt segment represented approximately 60% of the Company’s consolidated revenues during the Class Period. The Company’s salt products are used in a variety of applications, including road, consumer and commercial deicers, an ingredient in chemical production, water treatment, human and animal nutrition, and a variety of other consumer and industrial uses.
Within the Salt segment, Compass Minerals operated the world’s largest underground rock salt mine in Goderich, Ontario, Canada (“Goderich” or the “Goderich Mine”), which the Company routinely hailed as the “crown jewel” of its portfolio of assets. The Goderich pit counted…
Continue to read on GlobeNewswire https://www.globenewswire.com/news-release/2022/11/15/2555683/0/en/COMPASS-MINERALS-INTERNATIONAL-INC-NYSE-CMP-SHAREHOLDER-CLASS-ACTION-ALERT-Bernstein-Liebhard-LLP-Reminds-Investors-of-the-Deadline-to-File-a-Lead-Plaintiff-Motion-in-a-Securities-.html