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Lifshitz & Miller Law Firm Announces Investigation of ChannelAdvisor Corp., eHealth, Inc., InvenSense, Inc., MiMedx Group, Inc., MWI Veterinary Supply, Inc. and Xoom Corporation


News provided by

Lifshitz & Miller Law Firm

Jan 15, 2015, 02:36 ET

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NEW YORK, Jan. 15, 2015 /PRNewswire/ -- ChannelAdvisor Corp.

Lifshitz & Miller  announces investigation into possible breaches of fiduciary duties by the board of ChannelAdvisor Corp. ("ECOM").  Specifically, on January 13, 2015, ECOM lowered total revenue guidance for the 4Q14 to $23.7 million, versus its previous guidance of $25.6 million to $26.1 million.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

eHealth, Inc.

Lifshitz & Miller  announces investigation into possible breaches of fiduciary duties by the board of eHealth, Inc. ("EHTH").  Specifically, on January 14, 2015, EHTH reported that it expects to report a loss of 56 cents a share to 47 cents a share for the fourth quarter, well below the loss of 11 cents a share analysts expect for the quarter.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

InvenSense, Inc.  

Lifshitz & Miller announces investigation into possible breaches of fiduciary duties by the board of InvenSense, Inc. ("INVN").  Specifically, on October 28, 2014, the Company announced disappointing financial results for the quarter ended September 28, 2014, and revealed a substantial drop-off in margins due in large part to low pricing for Apple and Samsung, operational inefficiencies with the iPhone 6 rollout, and a charge related to old inventory.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

MiMedx Group, Inc.  

Lifshitz & Miller announces investigation into possible breaches of fiduciary duties by the board of MiMedx Group, Inc. ("MDXG").  Specifically, on December 31, 2014, MDXG announced that it received a subpoena from the OIG of the Department of Health and Human Services in connection with a civil investigation into matters primarily related to the Company's sales and marketing activities.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

MWI Veterinary Supply, Inc.

Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of MWI Veterinary Supply, Inc.  ("MWIV") to AmerisourceBergen in a cash transaction valued at approximately $2.5 billion fully diluted equity value or $190.00 per share.  

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

Xoom Corporation  

Lifshitz & Miller  announces investigation into possible breaches of fiduciary duties by the board of Xoom Corporation ("XOOM").  Specifically, on December 30, 2014, XOOM reported that it had been the victim of a criminal fraud. The incident involved employee impersonation and fraudulent requests targeting the Company's finance department, resulting in the transfer of $30.8 million in corporate cash to overseas accounts.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

ATTORNEY ADVERTISING. © 2015 Lifshitz & Miller.  The law firm responsible for this advertisement is Lifshitz & Miller, 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516) 493-9780.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:
Joshua M. Lifshitz, Esq.
Lifshitz & Miller
Phone:  516-493-9780
Facsimile: 516-280-7376
Email: [email protected]

SOURCE Lifshitz & Miller Law Firm

Related Links

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