Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Compass, Inc. (“Compass” or the “Company”) (NYSE: COMP) common stock between January 9, 2026 and October 7, 2026, inclusive (the “Class Period”). Compass, Inc. investors have until December 8, 2026 to file a lead plaintiff motion.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN COMPASS, INC. (COMP), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On January 9, 2026, Compass officially acquired and merged with Anywhere Real Estate.
Then, on February 19, 2026, eighteen members of Congress sent a letter to then-Attorney General Pamela Bondi, requesting information regarding the Department of Justice’s review of the merger and criticizing the “deeply disturbing” “fact pattern reported in the Compass-Anywhere deal” regarding paid-for “access to high-level Trump Administration DOJ officials[.]”
Then, in June 2026, the New York State Attorney General confirmed the existence of an antitrust investigation into Compass regarding the merger.
Following these events, the price of Compass stock traded as low as $9.19 per share, a decline of over 28% from the approximately $12.84 share price on the exchange date for the merger.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (i) Compass and Anywhere failed to “use their respective reasonable best efforts to obtain [] authorizations and consents” from “certain regulatory authorities” and “to take, or cause to be taken, all appropriate actions and . . . all things necessary, proper or advisable under applicable law (including any antitrust laws) to consummate and make effective the merger at the earliest practicable date”; and (ii) Compass was not in “compliance with applicable laws,” with “the absence of governmental investigations and the possession of and compliance with licenses and permits necessary for the conduct of business.”; (iii) instead, Defendants hired a well-connected lobbyist and lawyer to obtain access to high-level Department of Justice officials to circumvent the antitrust merger review process; and (iv) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you purchased Compass, Inc. common stock, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261019927334/en/
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