NEW YORK, March 3, 2015 /PRNewswire/ -- 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:
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
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SOURCE Levi & Korsinsky, LLP