Former Rentrak investors settle class action in Oregon state court for $19 million

Posted on: June 13th, 2017 by Steve Larson

Former shareholders of Rentrak Corp. sued the company and its directors in Oregon state court over a now-completed merger with comScore Inc.  The investors had accused Rentrak’s board and two top executives of accepting a low-ball offer from the web traffic analysis firm comScore in order to preserve their own jobs, failing to disclose a better bid to shareholders and caving to pressure from a major shareholder to seal the deal. Rentrak was in the audience measurement business.

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