Oct. 17 at 2:16 PM
$CMP has agreed to a
$4.9M settlement to resolve claims that it misled investors about the safety and regulatory approval of its magnesium chloride-based fire retardant.
Who’s eligible?
Anyone who purchased
$CMP shares between February 8, 2023, and March 26, 2024.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.39 — but if only ~25% of eligible investors file, the effective payout could increase to
$1.X.56.
Can I still file?
Yes — claims are currently being accepted, including late claims, until October 7, 2025.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/compassminerals-investor-suit?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=10172025_1
