NEW YORK, Nov. 07, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC is notifying investors that a class action lawsuit has been filed against Compass Minerals International, Inc. (“Compass Minerals” or the ” Company”) ( NYSE: CMP) and certain of its officers on behalf of all persons and entities who own Compass Minerals securities between October 31, 2017 and October 18. Such investors are encouraged to join this case by visiting the Company’s website : www.bgandg.com/cmp.
This class action seeks damages against the defendants for alleged violations of the Securities Exchange Act of 1934 (the “Exchange Act”).
The Complaint alleges that during the Class Period, Defendants repeatedly assured investors that the continuous mining and haulage (“CMCH”) upgrade at Goderich, Ontario, Canada (“Goderich” or the “Goderich Mine”) is on track to substantially reduce costs and increase the company’s operating results beginning in 2018. The lawsuit further alleges that the defendants’ statements were misleading because they failed to tell investors that costs at the Goderich mine are increasing rather than decreasing, and that the defendants also misrepresented the amount of salt the company was able to mine at Goderich of the new CMCH equipment and has failed to disclose how the known and ongoing production outages it was experiencing were reasonably expected to reduce its future operating income.
A class action lawsuit has already been filed. If you would like to see a copy of the complaint, you can visit the firm’s website: www.bgandg.com/cmp or contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you have suffered a loss at Compass Minerals, you have until December 20, 2022 to apply for the court to appoint you lead plaintiff. Your…
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