Compass Diversified Can’t File 10-Q on Lugano Irregularities
The parent of sports brands 5.11, Boa, Primaloft, and Velocity Outdoor revealed in an SEC filing that it would not be able to report Q1 earnings on time due to an ongoing internal investigation into its jewelry subsidiary, Lugano Holdings. It also warned that its 2024 financial statements could no longer be relied upon because of “irregularities” at Lugano. CODI shares plunged ... Log in to view full article.
