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.
Eligibility
In order to be eligible to join the CMP class action lawsuit, you must have incurred a loss on shares of Compass Minerals purchased during the class period listed above.
Lead Plaintiff Deadline
If you suffered a loss in Compass Minerals during the relevant time frame or pursuant to the relevant offering(s), you have until December 20, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Compass Minerals International, Inc. Class Action Lawsuit Details
Levi & Korsinsky, LLP announces that a CMP class action lawsuit has been filed on behalf of investors who purchased Compass Minerals International, Inc. (CMP) common stock between October 31, 2017 and November 18, 2018. For more on the CMP Lawsuit please contact us today.
According to the Compass Minerals International, Inc. lawsuit, throughout the Class Period defendants made 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.
If you suffered a loss in Compass Minerals International, Inc. you have until December 20, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.