NEW YORK, March 12, 2015 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce 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) securities between November 6, 2014 and January 12, 2015.
Click here to learn about the case: http://docs.wongesq.com/ECOM-Info-Request-Form-645. 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 Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/ECOM-Info-Request-Form-645.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.