Energy News / Shareholders Foundation, Inc.

Deadline Upcoming in $110 Million Settlement in the ComScore Inc (NASDAQ:SCOR) Investor Lawsuit

Via: ReleaseWire

Updated 11:30 AM CDT, Thu, May 24,2018

A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of ComScore Inc (NASDAQ: SCOR) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on May 29, 2018 and NASDAQ: SCOR investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 05/24/2018 -- A deadline is coming up on May 29, 2018 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of ComScore Inc (NASDAQ: SCOR) between February 11, 2014 and November 23, 2016.

Investors who purchased a significant amount of shares of ComScore Inc (NASDAQ: SCOR) between February 11, 2014 and November 23, 2016, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the ComScore Inc (NASDAQ: SCOR) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/comscore-inc-nasdaq-scor-investor-securities-class-action-lawsuit-03102016

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is May 29, 2018. The class action administrator for this case is JND Legal Administration.

The lawsuit was originally filed in the U.S. District Court for the Southern District of New York over alleged violations of Federal Securities Laws by ComScore Inc in connection with certain allegedly false and misleading statements made between May 5, 2015 and March 7, 2016.

According to the complaint the plaintiff alleges on behalf of purchasers of ComScore Inc (NASDAQ: SCOR) common shares between May 5, 2015 and March 7, 2016, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 5, 2015 and March 7, 2016 the Defendants made false and/or misleading statements and/or failed to disclose that the Company's accounting practices were not in compliance with applicable SEC regulations, that the Company lacked adequate internal controls over accounting, that, as such, the Company would be unable to file its Form 10-K for the fiscal year ended December 31, 2015 in a timely manner, and that, as a result of the foregoing, the Company's financial statements, as well as Defendants' statements about ComScore Inc's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

Those who purchased shares of ComScore Inc (NASDAQ: SCOR) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/deadline-upcoming-in-110-million-settlement-in-the-comscore-inc-nasdaqscor-investor-lawsuit-983281.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com