Compass Minerals receives preliminary court approval for settlement of derivative actions

Compass Minerals International, Inc. (NYSE:CMP), a $802 million market cap company whose stock has surged 112% over the past year, announced that on Friday, August 15, 2025, the United States District Court for the District of Kansas preliminarily approved the settlement of two stockholder derivative actions. The cases are identified as Stein v. Crutchfield et al., Case No. 23-cv-2038-EFM-ADM, and Morelli v. Malecha et al., Case No. 24-cv-2495-EFM-ADM.

According to a statement released by the company, the court’s order requires Compass Minerals to publish the Notice of Pendency and Proposed Settlement of Derivative Actions and the related Stipulation and Settlement Agreement. These documents are available for review in the Investor Relations section of the company’s website.

The company disclosed that, as outlined in the notice and the stipulation, the defendants deny any and all claims alleged in the actions.

This information is based on a press release statement included in the company’s Form 8-K filing with the Securities and Exchange Commission.

In other recent news, Compass Minerals International Inc. reported a notable earnings miss for the third quarter of 2025. The company posted an earnings per share (EPS) of -$0.39, significantly below the forecasted -$0.01. This unexpected result has drawn attention from investors and analysts alike. The earnings announcement has been a major point of discussion, although there is no mention of any analyst upgrades or downgrades at this time. The company’s financial performance in this quarter is under scrutiny, given the substantial deviation from expected results. No mergers or acquisitions have been reported in conjunction with these earnings. Investors are closely monitoring these developments to assess future implications. Compass Minerals’ recent earnings report is a critical piece of information for stakeholders.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.