IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Shopify Inc. and Encourages Investors with Losses to Contact the Firm

IRVINE, Calif.--()--Khang & Khang LLP (the “Firm”) announces that it is investigating claims against Shopify Inc. (“Shopify” or the “Company”) (NYSE: SHOP) concerning possible violations of federal securities laws.

If you purchased shares of Shopify and want more information, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 4000 Barranca Parkway, Suite 250 Irvine, CA 92604, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

The investigation concerns whether Shopify and certain of its officers and/or directors violated federal securities laws. On October 4, 2017, Citron Research published a report characterizing the Company as “a completely illegal get-rich quick scheme.” The report alleged that Shopify inaccurately described its relationship with certain affiliates, stating, in part: “Shopify calls these affiliates ‘partners.’ We call them promoters selling business opportunities.” The report compared the Company’s business practices to those of Herbalife Ltd., a company that recently paid $200 million and agreed to an order “prohibit[ing] Herbalife from misrepresenting distributors’ potential or likely earnings” to settle Federal Trade Commission charges. When this news was announced, shares of Shopify declined in value.

If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contacts

Khang & Khang LLP
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

Contacts

Khang & Khang LLP
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com