Complex sentence: Despite Scour's declarations of innocence, the company was not able to raise money to continue operations, laid off most of its staff in September of that year and declared bankruptcy, to protect itself from the lawsuit, shortly afterwards.
Split into simpler sentences: Despite Scour's declarations of innocence, the company was not able to raise money to continue operations. They laid off most of its staff in September of that year and declared bankruptcy, to protect itself from the lawsuit, shortly afterwards.