Andrews & Springer LLC filed a shareholder class action complaint against the directors and officers of comScore, Inc. (“comScore”) in the Oregon Circuit Court for Multnomah County, Case No. 16CV32458, for violations of federal securities laws.
On December 4, 2015,comScore filed an amended Registration Statement (the "Registration Statement") on Form S-4 with the U.S. Securities and Exchange Commission. The Registration Statement was filed in connection with comScore's acquisition of Rentrak Corporation. The Registration Statement provided historical consolidated financial data for comScore for 2010 through 2014—including (i) revenue; (ii) total expenses from operations; and (iii) (loss) income from operations — derived from comScore’s audited consolidated financial statements, which were incorporated by reference. The Registration Statement also provided the same information for the six months ending June 30, 2015 and June 30, 2014.
On September 15, 2016, comScore filed a Form 8-K, admitted that this financial information was misstated and could be relied upon.
Please click here for a copy of the Class Action Complaint.