Comscore charged with fraudulent accounting, agrees to $5 million settlement with SEC
The Securities and Exchange Commission today announced that Comscore and its former CEO Serge Matta were charged with engaging in a fraudulent scheme that resulted in a $50 million overstatement of revenue. The charges, which include allegations that Comscore made “false and misleading statements about key performance metrics,” is the latest setback for the embattled company, which provides marketing data and analytics to media, advertising agencies and publishers.As part of a settle
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