COMPASS MINERALS INTERNATIONAL INC 8-K
Accession 0001227654-25-000201
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 4:10 PM ET
Size
778.9 KB
Accession
0001227654-25-000201
Research Summary
AI-generated summary of this filing
Compass Minerals Reports Preliminary Settlement in Stockholder Derivative Suits
What Happened
Compass Minerals International, Inc. announced that on December 10, 2025 the U.S. District Court for the District of Kansas preliminarily approved a settlement of two stockholder derivative actions: Morelli v. Crutchfield et al. (No. 2:24-cv-02496-EFM-ADM) and Assad v. Crutchfield et al. (No. 2:25-cv-02186-EFM-ADM). Pursuant to the Court’s order, the company filed an 8-K (Dec. 23, 2025) and has published the Notice of Pendency and Proposed Settlement and the Stipulation and Agreement of Settlement on its Investor Relations website.
Key Details
- Court preliminary approval date: December 10, 2025.
- Cases: Morelli v. Crutchfield et al. (2:24-cv-02496) and Assad v. Crutchfield et al. (2:25-cv-02186) in D. Kan.
- Documents posted: Notice of Pendency and Proposed Settlement (Exhibit 99.1) and Stipulation and Agreement of Settlement (Exhibit 99.2) available at www.compassminerals.com IR site.
- 8-K filed and signed by CFO Peter Fjellman on December 23, 2025.
Why It Matters
A preliminary court-approved settlement signals movement toward resolving the derivative litigation, which reduces the company’s litigation uncertainty. The 8-K does not disclose settlement terms or financial impacts; investors should monitor further filings or the company’s website for final approval, any proposed payments or governance changes, and related disclosures that could affect the company’s financials or governance.
Documents
- 8-Kcmp-20251210.htmPrimary
8-K
- EX-99.1exhibit991noticeofpendency.htm
EX-99.1
- EX-99.2exhibit992settlement.htm
EX-99.2
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Issuer
COMPASS MINERALS INTERNATIONAL INC
CIK 0001227654
Related Parties
1- filerCIK 0001227654
Filing Metadata
- Form type
- 8-K
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 4:10 PM ET
- Size
- 778.9 KB