Publicly available records indicate that a class action lawsuit has been filed on behalf of investors in ComScore (NASDAQ:SCOR) in connection to alleged violations of securities laws by SCOR. Fitapelli Kurta is interested in hearing from investors who have complaints regarding investments made in ComScore between November 8, 2018 and March 29, 2019.
The class action complaint specifically alleges that during the period in question, SCOR provided false and/or misleading material information and/or failed to disclose adverse material information to the public, namely: that the company had encountered challenges in connection to the execution of its business strategy; that these challenges would yield a material impact on the company’s financial results; and that consequently the company’s positive representations concerning its business, operations and prospects were false and/or misleading and/or had no material basis. The complaint alleges that when true facts emerged, investors suffered losses.
According to the company’s website, ComScore is a media company that delivers analytics data such as audience insights, as well as “transformative data science,” concerning digital, linear TV, over-the-top, and theatrical viewership of media. The company’s services include measurement of audiences across multiple platforms, consumer behavior, and advertising impact. The company’s partners comprise television networks, various digital media properties, brands, movie studios, and agencies. It is headquartered in Reston Virginia, employs more than 1,700 people across worldwide sites, and trades on the Nasdaq exchange under the symbol SCOR.
A class action lawsuit has already been filed in connection with ComScore. If you wish to serve as lead plaintiff in the SCOR lawsuit, you must move the Court no later than June 10, 2019. If you wish to join the litigation, please contact Marc Fitapelli at 212-658-1501 or Jonathan Kurta at 212-658-1502. There is no cost or obligation to you and your ability to share in any recovery does not require that you serve as a lead plaintiff.