Compass Minerals $48M Securities Settlement

Compass Minerals International, Inc.

If you purchased or otherwise acquired Compass Minerals International, Inc. common stock between October 31, 2017, and November 18, 2018, you may be eligible to submit a claim for a cash benefit from a class action settlement.

Compass Minerals International, Inc. has agreed to pay $48 million to settle a class action lawsuit that alleged the company and certain executives violated federal securities laws by making false or misleading statements. The settlement provides compensation to investors who purchased Compass Minerals common stock during the specified period and suffered financial losses as a result.

Who is eligible for a settlement payout?

Class members meet the following criteria:

You are an individual or entity that purchased or otherwise acquired Compass Minerals International, Inc. common stock between October 31, 2017, and November 18, 2018, inclusive.
You were allegedly damaged as a result of your purchase or acquisition.

How much will the class action payment be?

Pro Rata Cash Payment: The estimated settlement benefit is $1.50 per share before settlement administrative costs, attorneys' fees, and taxes. Final amount will be determined by the Plan of Allocation which considers when your stock shares were bought and sold, inflation value assigned to the shares during different periods, and price changes after corrective disclosures.

How to claim a class action settlement payment

To claim a payout, class members must submit a Proof of Claim form by August 5, 2025. You can file a claim online or download and print the PDF claim form to complete and mail to the settlement administrator.

Settlement Administrator's mailing address: Compass Minerals Securities Settlement, Claims Administrator, c/o Verita Global, P.O. Box 301135, Los Angeles, CA 90030-1135

Is supporting documentation required?

Yes, proof is required. Brokerage confirmation slip copies, monthly account statements showing Compass Minerals purchases and holdings during the qualifying period.

Payment options

Electronic payment
Check mailed to the address provided

$48 Million securities settlement fund

The $48,000,000,settlement fund will include these costs:

Settlement administration costs: To be determined
Attorneys' fees: Up to approximately $16,000,000
Attorneys' expenses: Not to exceed $450,000
Service awards to class representatives: Up to a total of $30,000
Payments to approved claimants: Remaining settlement funds after deductions

Important dates

Deadline to File a Claim: August 5, 2025
Deadline to Request Exclusion: July 9, 2025
Fairness Hearing: July 30, 2025

When is the Compass Minerals securities settlement payout date?

The final fairness hearing takes place on July 30, 2025. Payments to class members with valid claims will be issued after the court grants final approval to the settlement, claim processing is complete, and any appeals are resolved.

Why did this class action settlement happen?

This class action lawsuit alleged that Compass Minerals International, Inc. and certain executives violated federal securities laws by making false or misleading statements that artificially inflated the price of Compass Minerals common stock. The defendants deny any wrongdoing, but agreed to settle to avoid the costs and delays of continued litigation if the case did not succeed at trial.