Bragar Eagel & Squire, PC examines Cantaloupe, Compass and

NEW YORK, Oct. 02, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating possible claims against Cantaloupe, Inc. CTLPCTLPPCompass Minerals International, Inc. CMPand Spectrum Pharmaceuticals, Inc. SPPI. Our investigations address whether these companies have violated federal securities laws and/or engaged in other illegal business practices. For more information on each case, see the link provided.

Cantaloupe, Inc. CTLPCTLPP

On September 28, 2022, the company issued a report stating, “Based on the progress made to date in evaluating the effectiveness of internal controls for financial reporting, the company currently expects to report three material weaknesses in its internal control framework and design.” , the implementation and operational effectiveness of general information technology controls in the areas of user access, change management and segregation of duties within various systems that support the company’s accounting and reporting processes, the design, implementation and operational effectiveness of controls over revenue and related accounts and risk assessment and monitoring activities related to the timely identification and assessment of control deficiencies.”

On the news, Cantaloupe stock fell $0.17 per share, or 4.6%, to close at $3.47 per share on September 29, 2022.

For more information on the Cantaloupe investigation, visit: https://bespc.com/cases/CTLP

Compass Minerals International, Inc. CMP

On September 23, 2022, the United States Securities and Exchange Commission (“SEC”) announced that Compass was ordered to pay $12 million to settle “misleading investor” fees by repeatedly asserting that a technology update at its flagship salt mine, “on track to significantly reduce costs and increase operating results beginning in 2018,” when in reality costs at the mine were increasing significantly. [undermining] the…