Parties Agree To $110M Accounting Fraud Class Action Settlement

Mealey's (January 17, 2018, 2:02 PM EST) -- NEW YORK — A data and metrics provider for the media, advertising and marketing industries will pay $110 million to settle claims that it and certain of its current and former officers and directors violated federal securities law by engaging in a massive accounting fraud, lead plaintiffs claim in a motion for preliminary approval of settlement and stipulation of settlement filed Jan. 12 in New York federal court (Fresno County Employees’ Retirement Association, et al. v. comScore Inc., et al., No. 16-1820, S.D. N.Y.)....