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The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Compass Minerals International, Inc. (NYSE: CMP) who purchased common stock between October 31, 2017 and November 18, 2018. The action, which was filed in the United States District Court for the District of Kansas, alleges that the Company violated federal securities laws.
In particular, the Compass Minerals lawsuit alleges 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.
Shareholders have until December 20, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
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