Stocks & Financial News
Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Compass Minerals International, Inc. (CMP) on Behalf of Investors
On March 25, 2024, Compass disclosed that it had been informed by the United States Forest Service ("USFS") that it will not be entering into a contract for the use of magnesium chloride-based aerial fire retardants for the 2024 fire season, explaining that USFS inspections found that "certain airtankers that had flown Fortress North America's proprietary, magnesium chloride-based aerial fire retardants revealed significant signs of corrosion in areas where build-up of the retardant had occurred" and that "[t]he findings from this more extensive inspection raised aircraft safety concerns."
On this news, Compass's stock price fell $3.00, or 17.1%, to close at $14.55 per share on March 25, 2024, thereby injuring investors.
If you purchased Compass securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240418195021/en/
SOURCE: Law Offices of Howard G. Smith
<img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20240418195021r1&sid=cmtx6&distro=nx&lang=en" style="width:0;height:0" />
Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 howardsmith@howardsmithlaw.com www.howardsmithlaw.com
COMTEX_451047723/1006/2024-04-18T16:03:00