SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of Shopify Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm
[October 06, 2017]

IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of Shopify Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm


Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Shopify Inc. ("Shopify" or the "Company") (NYSE: SHOP) concerning possible violations of federal securities laws.

To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com.

On October 4, 2017, Citron Research published a report characterizing Shopify 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. Upon release of this information, shares of Shopify fell in value.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.


This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


[ Back To TMCnet.com's Homepage ]






Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2017 Technology Marketing Corporation. All rights reserved | Privacy Policy