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 and Encourages Investors with Losses to Contact Firm - EconoTimes)
NEW YORK, March 18, 2016 -- Scott + Scott, Attorneys at Law, LLP, a global investor rights law firm, announces the filing of a securities lawsuit against comScore, Inc. (NASDAQ:SCOR). comScore investors are encouraged to contact Scott + Scott at (866) 326-5057 or email [email protected] to discuss their legal rights.
About the Lawsuit
The securities complaint alleges that the Company and its executives violated federal securities laws by failing to file its most recent Form 10-K for the fiscal year ended December 31, 2015 in a timely manner due to a recently announced internal accounting review.
Specifically, on March 7, 2016, the Company filed an amendment to a Notice of Late Filing previously filed on February 29, 2016, regarding its upcoming Form 10-K filing. The amendment disclosed that on March 5, 2016, the Company's Audit Committee, along with independent public accountants, was conducting a review of the Company's financial results. The Company also announced that it would not file its Form 10-K until after the Audit Committee completed its review. Later that day, the Company published a press release stating that it would suspend the previously announced share repurchase program in light of the current review.
On this news, Company's share price fell $13.67 from $40.71 per share on March 4, 2016 to close at $27.04 per share on March 7, 2016 -- a 33.5% drop.
What you can do
If you purchased shares of comScore stock, you may have legal claims against the Company. If you want to discuss the case, or have questions about your legal rights, please contact Geoffrey M. Johnson, Esq. or Joseph Halloran, Esq. by telephone at (866) 326-5057 or by email at [email protected] or [email protected].
About Scott + Scott, Attorneys at Law, LLP
Scott + Scott has significant experience prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm has offices in New York, London, Connecticut, California and Ohio. Please visit www.scott-scott.com for more information about the firm.
CONTACT: Scott + Scott, Attorneys at Law, LLP Geoffrey M. Johnson, Esq. Joseph Halloran, Esq. (216) 229-6088, toll-free (866) 326-5057 [email protected] [email protected]
