EQUITY ALERT: Rosen Law Firm Reminds ChannelAdvisor

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
EQUITY ALERT: Rosen Law Firm Reminds ChannelAdvisor Corporation Investors of Important Deadline in Class Action Filed by Firm -- ECOM

NEW YORK, Feb. 7, 2015 (GLOBE NEWSWIRE) -- Rosen Law Firm reminds purchasers of ChannelAdvisor Corporation securities (NYSE: ECOM ) between November 6, 2014 and January 12, 2015 of the important March 24, 2015 lead plaintiff deadline in the class action filed by the firm.

To join the ChannelAdvisor class action, go to the website at http://www.rosenlegal.com/cases-475.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.  The suit is pending in U.S. District Court for the Southern District of New York.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, ChannelAdvisor and certain of its officers and directors issued materially false and misleading statements about the Company's true financial condition and prospects. On January 12, 2015, the Company lowered its fourth quarter 2014 revenue guidance to $23.7 million from its prior revenue guidance of $25.6 to $26.1 million. The Company attributed the revision to lower variable subscription revenue due to a shift to larger customers. On this news, shares of ChannelAdvisor fell $11.32 per share or over 53% from its previous closing price to close at $9.83 per share on January 13, 2015, damaging investors.

A class action lawsuit has already been filed.  If you wish to serve as lead plaintiff, you must move the Court no later than March 24, 2015. If you wish to join the litigation go http://www.rosenlegal.com/cases-475.html  or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com .

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Laurence Rosen, Esq. Phillip Kim, Esq. Kevin Chan, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 34th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 www.rosenlegal.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Hamamatsu & AIxMed to Automate Cytology Workflows

Updated Category News Views 2

Why This Collaboration Matters Here comes an interesting tidbit from the world of cytology: Hamamatsu and AIxMed are banding together to tackle workflow inefficiencies. Picture this—two powerhouses coming together to create a tool that might just relieve lab technicians from the tedious task of manually checking cytology slides. In a world where efficiency is king, this...

Continue Reading
Bucket List Wine Dinners Beckon to Los Angeles

Updated Category News Views 1

Sipping on the Extraordinary: LA Wine Soiree When was the last time you had a glass of wine that truly feels like you've unlocked a treasure chest? That's what LearnAboutWine.com is going for with their bucket list wine dinners in Los Angeles. Imagine tasting some of the world's most coveted bottles, all served with a level of polish that screams high-end dining. Led by...

Continue Reading
CAPR Faces Lawsuit and FDA Delay: Investor Alert

Updated Category News Views 0

Trouble Brewin' for Capricor Investors Buckle up, folks. Capricor Therapeutics (NASDAQ: CAPR) is caught in a storm, facing not just the lengthy arm of law with a securities class action, but also a seemingly endless wait with the FDA's decision on their lead product. We're talking serious implications for anyone with skin in the game. The FDA's Delayed Blessing So the...

Continue Reading
Connected Retail Security: Rising Risks and Fragmented Roles

Updated Category News Views 0

Cyber Threats in the Connected Retail Landscape The retail world isn't what it used to be. Walk into a store today, and you're greeted not just by products but a web of interconnected systems screaming for attention. Sure, you've got your old-school POS systems humming along, but they're just one brittle cog in a rattling machine of IoT devices, cloud platforms, and...

Continue Reading
Truist Revolutionizes Banking with 2 Billion Insights

Updated Category News Views 1

A New Frontier in Banking Truist is out here flipping the script in digital banking, pushing a staggering 2 billion AI-driven insights since 2023. Imagine that—two billion insights 'till now, providing the kind of financial street smarts that help folks feel less like they're lost at sea and more like they're the captain of their own financial ship, all thanks to Truist...

Continue Reading
California American Water’s $8.6M Project: Big Move Upfront

Updated Category News Views 1

California's Lincoln Oaks neighborhood is gearing up for some necessary upheaval, thanks to California American Water’s new $8.6 million infrastructure overhaul. For decades, those folks in Sylvan Park have been juggling with the roulette of aging water mains in their backyards. Now, imagine that: backyard pipes begging to turn traitors. It's about time someone decided...

Continue Reading
Yardi Virtuoso AI to Shine at CAIC 2026 Toronto

Updated Category News Views 1

The Scene in Toronto: Yardi's Big AI Showcase There's no denying it—Artificial Intelligence has muscled its way into practically every corner of the business world, and now it's making waves in real estate. Yardi, a familiar name in real estate tech circles, is gearing up to flaunt its Yardi Virtuoso Enterprise at the Canadian Apartment Investment Conference (CAIC) in...

Continue Reading
Mitrade EU Enhances Investor Safety with New Insurance

Updated Category News Views 4

Mitrade's New Insurance: A Safety Net? Mitrade EU is amping up its game with some fresh insurance perks that catch the eye. They're slapping on some extra insolvency protection for clients trading under their CySEC license. Now that sounds like a financial shield anyone would want. Basically, they're adding another layer to the basic regulatory protections, and without...

Continue Reading
McCann Systems Scores Big with Dual AV Awards Wins

Updated Category News Views 0

Piling Up the Accolades: McCann Systems Does It Again You know, getting industry awards can sometimes feel like counting beans, but when a company's snagging them year after year, that’s worth noting. McCann Systems is strutting its stuff with two Commercial Integrator Awards in 2026, cementing their reputation not just here in New Jersey, but across the AV industry....

Continue Reading
Huawei Unleashes Bold New Flagship Devices in Munich

Updated Category News Views 2

Huawei's Bold Move in Munich When I hear about yet another product launch, I often roll my eyes but this one, folks, deserves a second glance. Huawei dropped a news bomb in Munich with their 'Chase the Wild' event, unveiling a huge lineup of flagship gadgets. This isn't your run-of-the-mill release; the mix of smart wearables, tablets, smartphones, and audio gear marks...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding Exempt Principal Trader Dealings in FD Technologies

Updated Category News Views 223

Key Insights on Public Offering Rule 8.5 In the dynamic landscape of finance, transparency is critical, especially regarding trading activities involving exempt principal traders. FD Technologies plc, in compliance with Rule 8.5 of the Takeover Code, has made a significant public disclosure. This regulation emphasizes the necessity for principal traders to maintain an...

Continue Reading
ZenaTech's ZenaDrone Aims for FAA Certification in Agriculture

Updated Category News Views 161

ZenaTech's Ambitious Step Towards FAA Certification In an exciting development for the agricultural technology sector, ZenaTech, Inc. (Nasdaq: ZENA) has taken significant strides with its innovative ZenaDrone 1000. The company has recently applied for the Federal Aviation Authority (FAA) Part 137 certification to utilize its drone in crop spraying applications. This...

Continue Reading
Innovative Lithium Safety Solutions: FCL-X™ Live Showcase

Updated Category News Views 135

Full Circle Lithium and the FCL-X™ Introduction Full Circle Lithium Corp. (TSXV: FCLI, OTCQB: FCLIF) is preparing to present its groundbreaking lithium battery extinguishing solution, the FCL-X™, at the LithiumSAFE Battery Safety Workshop Conference. This much-anticipated event will highlight FCL's commitment to enhancing safety measures in the lithium battery...

Continue Reading
BrainStorm Cell Therapeutics Reports Q3 Financials and Updates

Updated Category News Views 108

BrainStorm Cell Therapeutics Announces Third Quarter 2024 Financial Results BrainStorm Cell Therapeutics Inc. (NASDAQ: BCLI), a prominent developer of adult stem cell therapeutics for neurodegenerative disorders, has disclosed its financial outcomes for the third quarter. The company continues to advance its innovative NurOwn program aimed at providing therapeutic...

Continue Reading
Sweet Paris Crêperie Expands with New Franchises in the Midwest

Updated Category News Views 202

Sweet Paris Crêperie Expands into the Midwest Sweet Paris Crêperie & Café, a beloved restaurant brand known for its mouthwatering crêpes and inviting atmosphere, is set to broaden its horizons with exciting plans for expansion into two new states. This ambitious move will see the opening of four new locations in Arkansas and Missouri, enhancing the restaurant's...

Continue Reading