San Diego, CA -- (SBWIRE) -- 01/20/2015 -- An investigation on behalf of investors of ChannelAdvisor Corp (NYSE:ECOM) shares over potential securities laws violations by ChannelAdvisor and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of ChannelAdvisor Corp (NYSE:ECOM) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of ChannelAdvisor Corp (NYSE:ECOM) concerning whether a series of statements by ChannelAdvisor Corp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On February 6, 2014, ChannelAdvisor Corp announced its fourth quarter and full year 2013 financial results. ChannelAdvisor Corp reported that its annual Total Revenue rose from $43.57 million in 2011 to $68.00 million in 2013 and that its respective Net Loss increased from $3.86 million to $20.63 million.

Shares of ChannelAdvisor Corp (NYSE:ECOM) $15 per share in June 2013 to as high as $48.41 per share in March 2014.

Then on January 12, 2015, ChannelAdvisor Corp announced its preliminary fourth quarter 2014 revenue results. ChannelAdvisor Corp said that based on information available as of the date of this release, ChannelAdvisor expects revenue for the fourth quarter of 2014 to be approximately$23.7 million, compared to the prior guidance of revenue in the range of $25.6 to $26.1 million.

Shares of ChannelAdvisor Corp (NYSE:ECOM) declined from $22.19 per share on January 12, 2015 to as low as 9.03 per share on January 13, 2015.

On January 16, 2014, NYSE:ECOM shares closed at $9.38 per share.

Those who purchased shares of ChannelAdvisor Corp have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com