May. 5 at 10:26 AM
$CMP agreed to a
$48M settlement with investors over claims it misled them about cost savings and equipment issues at its Goderich salt mine.
Who’s eligible?
Anyone who bought Compass Minerals stock between October 31, 2017 and October 23, 2018.
Do I need to sell my shares to qualify?
No — you're eligible if you bought during that period, even if you no longer hold them.
How much is the payout?
Estimated at
$1.50 per share, but if only 25% of eligible investors file, payouts could be as high as
$6.00 per share.
Can I still file?
Yes — the court has approved the settlement, and late claims are currently being considered, subject to approval.
When do payouts happen?
Payouts typically occur 8–12 months after court approval, so expect distribution sometime in late 2025.
To file your claim: https://11th.com/cases/compass-investor-settlement