ComScore Inc. agreed to pay a civil monetary penalty of $5.0 million to settle a Securities and Exchange Commission investigation into the company's financial accounting and disclosure practices between February 2014 and February 2016.
Former CEO Serge Matta also agreed to pay a clawback to Comscore of $2.1 million as part of Matta's settlement with the SEC. Matta stepped down as CEO of the company in August 2016 following an investigation by the audit committee of the company's board into certain potential accounting matters relating to non-monetary transactions.
"With this matter now resolved, Comscore remains focused on its next phase of growth," Interim CEO Dale Fuller said in a Sept. 24 statement.
