Defendant Name:
Comscore, Inc.
Defendant Type:
Public Company
SIC Code:
7389
CUSIP:
20564W10
Initial Case Details
Legal Case Name
In the Matter of Comscore, Inc.
First Document Date
24-Sep-2019
Initial Filing Format
Administrative Action
File Number
3-19499
Allegation Type
Issuer Reporting and Disclosure
AAER
4091
Violations Alleged
•
Sec 17(a) (Not specified)
Resolutions
First Resolution Date
24-Sep-2019
Headline Total Penalty and Disgorgement
$5,000,000
Related Documents:
33-10692
24-Sep-2019
Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On September 17, 2019, the SEC instituted settled cease and desist proceedings against Comscore, Inc. ("Comscore"). The SEC stated: "This matter concerns a financial accounting and disclosure fraud committed by Comscore, a publicly-traded data services and measurement company, principally through the conduct of its former Chief Executive Officer, Serge Matta ("Matta")."
2019-186
24-Sep-2019
Press Release--Administrative Proceeding
SEC Charges Comscore Inc. and Former CEO with Accounting and Disclosure Fraud
The SEC stated that: "[It] charged global information
and media analytics firm, Comscore, Inc., and its former CEO with engaging in a fraudulent scheme to overstate
revenue by approximately $50 million and making false and misleading statements about key performance
metrics."
34-97389
27-Apr-2023
Administrative Proceeding
Order Consolidating Fair Funds
The SEC ordered that the "Fair Funds created pursuant to the Orders are consolidated into a single Fair Fund, the Comscore Fair Fund, for purposes of distribution to harmed investors."
34-97467
10-May-2023
Administrative Proceeding
Order Appointing Tax Administrator
The Commission ordered that: "Miller Kaplan Arase LLP is appointed as the Tax Administrator for the QSF."
34-99246
27-Dec-2023
Administrative Proceeding
Order Appointing Fund Administrator, Setting Administrator's Bond Amount, and Authorizing Payment of Fees and Expenses
The SEC ordered that: "A. JND is appointed as the Fund Administrator . . . ;
B. JND shall obtain a bond . . . in the amount of $5,700,000.00;
C. the Fund Administrator will submit invoices to the Commission staff for services
rendered . . .; and
D. at the direction of an Assistant Director of the Office of Distributions, OFM is
authorized to pay the Fund Administrator’s fees and expenses from the Fair Fund, . . . so long as the total
amount paid to the Fund Administrator, including the invoice to be paid, does not
exceed the total amount of the approved cost proposal submitted by the Fund
Administrator."
34-101067
17-Sep-2024
Administrative Proceeding
Notice of Proposed Plan of Distribution and Opportunity for Comment
The Commission stated: "Notice is hereby given . . . that the Division of Enforcement has submitted to the Commission a proposed plan of distribution (the “Proposed Plan”) for the distribution of monies paid in the above-captioned matters."
Proposed Plan of Distribution
The Commission stated: "The Division of Enforcement submits this . . . Plan . . . to the . . . Commission . . . . This Plan provides for the distribution of a Fair Fund . . . , comprised of civil money penalties collected from Comscore, Inc. ("Comscore") and Serge Matta ("Matta) (collectively, the "Respondents") in the above-captioned matter."
34-101597
13-Nov-2024
Administrative Proceeding
Order Approving Plan of Distribution
The Commission ordered that: "the Proposed Plan is approved, and the approved Plan of Distribution shall be posted simultaneously with this order on the Commission’s website at www.sec.gov."
Plan of Distribution
The Commission stated: "The Division of Enforcement has submitted this Plan of Distribution (the “Plan”) to
the United States Securities and Exchange Commission (the “Commission”) . . . . This Plan provides for the distribution of a Fair Fund (the “Fair Fund”),
comprised of civil money penalties collected from Comscore, Inc. (“Comscore”) and Serge Matta
(“Matta) (collectively, the “Respondents”) in the above-captioned matter."
