Compass Minerals $12M Securities Fair Fund

If you purchased or acquired Compass Minerals International, Inc. common stock between March 2, 2017, and October 22, 2018, you may be eligible to submit a claim for a payment from a class action settlement.

Compass Minerals International, Inc. has agreed to pay $12 million to settle allegations brought by the Securities and Exchange Commission (SEC). The allegations include claims that Compass Minerals made repeated misleading statements regarding its cost reduction strategies, production levels at the Goderich salt mine in Canada, and environmental compliance issues at a subsidiary's facility in Brazil.

The SEC investigation found that Compass Minerals' internal disclosure procedures were deficient, resulting in inaccurate information being presented to investors. This led to significant financial losses for investors and caused the company's stock price to decline sharply.

Who can is eligible for a payment?

To submit a claim, you must meet the following criteria:

• You purchased or acquired Compass Minerals common stock during the period from March 2, 2017, through October 22, 2018 (inclusive).
• Your Compass transaction calculate to a financial loss (Recognized Loss)
• According to the Plan of Distribution.pdf), your payment amount will be equal to or greater than $10.00.

How much will my Fair Fund payment be?

Pro Rata Cash Payment: The exact amount each approved claimant receives depends on their Recognized Loss, calculated according to the Plan of Allocation.pdf). You will only receive a payout if the calculated amount is equal to or greater than $10.00.

How to claim a Compass Minerals payment

To claim a Fair Fund payment, you must submit a claim form. Individuals can file a claim online or print the PDF claim form to complete and mail to the fund administrator.

Fund Administrator's mailing address: Compass Minerals Fair Fund, Fund Administrator, P.O. Box 25225, Santa Ana, CA 92799.

The claim deadline is June 27, 2025.

Is proof required to submit?

Yes, supporting documentation is required with every claim. This should include brokerage statements, trade confirmations, or other third party records detailing transaction dates, quantities, and prices.

Fair Fund claim payout options

Approved claimants will be issued a check by mail to the address provided on the claim form.

$12 Million Compass Minerals Fair Fund

The $12,000,000 will include:

• Fund administration costs: To be determined
• Tax administration costs: To be determined
• Payments to approved claimants: Determined by number of claims filed and Plan of Allocation

Important dates

• Deadline to File a Claim: June 27, 2025

When is the Compass Minerals Fair Fund payout date?

Payments will be issued to approved claimants after processing is completed by the Fund Administrator.

Why was Compass Minerals fined by the SEC?

Compass Minerals agreed to pay a fine to resolve the SEC allegations and while provide compensation to investors.

Sources

1. Compass Minerals Fair Fund Plan Notice
2. Compass Minerals Fair Fund Official Website
3. SEC Order Instituting Cease-and-Desist Proceedings
4. Compass Minerals Fair Fund Claim Form Instructions