NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP is investigating ChannelAdvisor Corporation (“ChannelAdvisor” or the “Company”) (NYSE: ECOM) in connection with possible violations of federal securities laws by the Board of Directors of the Company.
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On January 12, 2015, ChannelAdvisor announced disappointing preliminary revenue results for the quarter ended December 31, 2014. The Company attributed these results to an unusual shift of gross merchandise volume to larger customers during the holiday season, leading to lower variable subscription revenue. Upon this news, shares of ChannelAdvisor fell $11.32 per share to close at $9.83 per share on January 13, 2015.
If you own common stock in ChannelAdvisor and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/channeladvisor-ecom.
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