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MarketScreener Homepage  >  Equities  >  Nasdaq  >  COMSCORE, Inc.    SCOR

COMSCORE, INC.

(SCOR)
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Robbins Arroyo LLP: comScore, Inc. (SCOR) Misled Shareholders According to a Recently Filed Lawsuit

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04/15/2019 | 05:41pm EDT

Shareholder rights law firm Robbins Arroyo LLP announces that purchases of comScore, Inc. filed a class action complaint against comScore, Inc. (NASDAQ: SCOR) for alleged violations of the Securities Exchange Act of 1934 between November 8, 2018 and March 29, 2019. ComScore is an information and analytics company that measures consumer audiences and advertising across media platforms.

View this information on the law firm's Shareholder Rights Blog: https://www.robbinsarroyo.com/comscore-inc-apr-19/

ComScore Accused of Overstating Revenues and Earnings

According to the complaint, on March 21, 2019, the company revealed that it expects first quarter 2019 revenue to be below previously announced expectations. ComScore also revealed that its Chief Executive Officer, Bryan Wiener, and President, Sarah Hofstetter, both of whom had been appointed to their positions less than one year ago, would both be resigning. The next day in a filing with the U.S. Securities and Exchange Commission, comScore elaborated that Wiener had resigned because he "disagreed with the Company regarding the execution of [its] strategy." Following this news, comScore’s stock dropped nearly 30% to close at $14.24 per share on April 1, 2019.

ComScore Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leo Kandinov at (800) 350-6003, lkandinov@robbinsarroyo.com or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.


© Business Wire 2019
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Financials ($)
Sales 2019 434 M
EBIT 2019 -59,2 M
Net income 2019 -83,3 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020
Capi. / Sales 2019 1,73x
Capi. / Sales 2020 1,57x
Capitalization 751 M
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Technical analysis trends COMSCORE, INC.
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Mean consensus HOLD
Number of Analysts 6
Average target price 24,0 $
Spread / Average Target 90%
Managers
NameTitle
Bryan Wiener Chief Executive Officer & Director
Sarah Hofstetter President
Brent D. Rosenthal Non-Executive Chairman
Gregory A. Fink CFO, Treasurer & Principal Accounting Officer
Josh Chasin Chief Research Officer
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