Press release
Investigation announced for Investors in Score Media and Gaming Inc. (NASDAQ: SCR)
An investigation for investors in Score Media and Gaming Inc. (NASDAQ: SCR) shares over potential securities laws violations.
Investors who purchased shares of Score Media and Gaming Inc. (NASDAQ: SCR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Score Media and Gaming Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Canada based Score Media and Gaming Inc. operates as a sports media company in North America. On or about February 2021, Score Media and Gaming Inc. sold about 6 million shares of stock in its initial public stock offering (the "IPO") at $27 a share, raising nearly $162 million in new capital.
On July 13, 2021, Score Media and Gaming Inc. reported its financial results for the third fiscal quarter of 2021. Score Media reported GAAP loss per share of $0.78, missing consensus estimates by $0.48, and an EBITDA loss of $21.1 million, compared to an $8.7 million loss for the same period in the prior year.
Shares of Score Media and Gaming Inc. (NASDAQ: SCR) declined on July 19, 2021 to $13.74 per share.
Those who purchased shares of Score Media and Gaming Inc. (NASDAQ: SCR) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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