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There will be some potentially embarrassing questions asked including exactly how many infringing images are in the database, why existing technology wasn't enabled which could easily ferret out these images, as well as perhaps the most embarrassing one - where did the sales revenue from these stolen images actually go? Was any effort ever made after the discovery of suspect images and deleted accounts to identify and contact the original copyright owners and at the very least turn over any sales revenue? Depending on the findings it  could answer the question many of us are naturally asking ourselves - is Shutterstock actually complicit at this point or not?

Great points above.

As a publicly-listed company this goes to the very heart of corporate responsibility and directors' duties. Stakeholders rely on corporate information to make investment decisions. There are currently 440,000 active accounts generating quarterly sales of $165.46 million (source: https://www.fairfieldcurrent.com/news/2019/02/14/165-46-million-in-sales-expected-for-shutterstock-inc-sstk-this-quarter.html). Can someone guarantee that 5% of those contributor accounts are NOT fraudulent and an unspecified amount generated from those accounts is NOT a "proceed of crime"? If 5% were proved to be fraudulent, how would this affect their reputation and stock price?

SS are of course regularly audited. These past few weeks myself and others have provided auditors with more than enough evidence of the scale of the fraud going on almost unimpeded. SS will probably just do enough to cover themselves until something huge, as stated by DavidK above, occurs. Plaintiffs may find difficultly in claiming for lost profits as I doubt that any of these fraudulent accounts generate much since they're so badly captioned/keyworded, however, there may be other types of claims available. 

I should probably keep going to maintain the momentum so it's brought (again) to the forefront of their attention or at the very least, well-known sources. Just need to find the time and motivation - I've spent about 20 mins on this today and already flagged some 15 accounts, with the help of others. I'm sure if SS devoted 10,000 hours of manpower they would be able to flag at least 44,000 suspicious accounts, which would be equal to at least 1% of their total number of contributors. Simply hire interns based in India, which ironically is where most of the fraudulent accounts are based.