SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

February 09, 2015 15:34 ET

ECOM SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Notifies Investors of Class Action Against ChannelAdvisor Corporation and Its Board of Directors and a Lead Plaintiff Deadline of March 24, 2015 -- ECOM

NEW YORK, NY--(Marketwired - Feb 9, 2015) - Levi & Korsinsky announces that a class action lawsuit has been commenced in the USDC for the Southern District of California on behalf of investors who purchased ChannelAdvisor Corporation ("ChannelAdvisor" or the "Company") (NYSE: ECOM) common stock between November 6, 2014 and January 12, 2015.

To get more information, click here: http://zlk.9nl.com/channeladvisor-ecom. There is no cost or obligation to you.

The complaint alleges that ChannelAdvisor violated federal securities laws by failing to disclose during the Class Period that the Company's shift in customer base from smaller clients to larger ones created a risk to ChannelAdvisor's financial performance. Additionally, larger clients had been given a discount in the percentage of gross merchandise value, which resulted in lower revenue for the Company.

If you suffered a loss in ChannelAdvisor you have until March 24, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/channeladvisor-ecom.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT:
    Levi & Korsinsky, LLP
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510
    www.zlk.com