NEW YORK, May 26, 2019 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of comScore, Inc. (“comScore” or the “Company”) (NASDAQ: SCOR). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether comScore and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 31, 2019, comScore announced the resignations of its Chief Executive Officer, Bryan Wiener, and President, Sarah Hofstetter, both of whom had served in their positions for less than one year. comScore also stated that it expected first quarter 2019 revenue in the range of $100 million to $104 million, falling short of analysts’ estimates of approximately $106 million in revenue.
On this news, comScore’s stock price fell $6.01 per share, or 29.68%, to close at $14.24 per share on April 1, 2019.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
Robert S. Willoughby