The Gross Law Firm notifies investors that a class action has commenced in the United States District Court for the District of Kansas on behalf of shareholders of Compass Minerals International, Inc. who purchased common stock between October 31, 2017 and November 18, 2018.
The filed complaint alleges that defendants made 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.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action. Appointment as Lead Plaintiff is not required to partake in any recovery.
Shareholders have until December 20, 2022 to request that the court appoint them lead plaintiff.
To receive more information, please fill out the form.
