Jul. 6 at 2:34 PM
Everything You Need to Know About the
$48M $CMP Settlement
Q: What happened?
A: Compass Minerals was accused of misleading investors about a new mining system at its Goderich salt mine. The company projected it would save about
$30 million per year, but instead production fell, costs increased, and the expected savings never materialized. After the company revealed the operational problems,
$CMP dropped more than 30%.
Q: Am I actually eligible?
A: If you bought
$CMP shares between 2017 and 2018, you're likely eligible. You don't need to still own the stock to file a claim past losses count
Q: When do payouts happen?
A: Typically, within 4–9 months after the claim deadline. The exact timing depends on the court and settlement administration.
Q: I missed the deadline. Is it too late?
A: You may still be able to file a late claim but acceptance depends on final approval by the court.
Check if you're eligible and fill your claim: https://11th.com/cases/compass-investor-settlement