Plaintiffs in the comScore securities litigation have reached a $110 million settlement. This fund will consist of $27,231,527.20 in cash and $82,768,472.80 in shares of comScore common stock. This split between cash and stock is not a common type of settlement, but not especially rare either. Chicago Clearing Corporation has experience allocating securities to eligible claimants. We can even turn that stock in to cash first, saving our clients the hassle of trying to turn unwanted shares into cash.
The comScore settlement class consists of all persons or entities who:
(i) purchased or otherwise acquired comScore common stock from February 11, 2014 through November 23, 2016, inclusive;
(ii) held the common stock of Rentrak Corporation as of December 10, 2015 and were entitled to vote on the Merger between comScore and Rentrak consummated on January 29, 2016; or
(iii) acquired shares of comScore common stock issued pursuant to the Registration Statement on Form S-4 filed with the SEC on October 30, 2015 and subsequently amended, and were damaged thereby
Proof of claim forms are due May 29, 2018. More information, including identifiers, court documents, and plaintiff attorney contact information, is available on our client portal.
This is one of 27 upcoming settlements for which Chicago Clearing is now filing claims. If you think you might qualify for this settlement, or for any upcoming settlement, please give us a call today.