Press release
Investigation announced for Investors in shares of Ebix, Inc. (NASDAQ: EBIX) over possible Violations of Securities Laws
An investigation for investors in Ebix, Inc. (NASDAQ: EBIX) shares over potential securities laws violations by Ebix, Inc.
Investors who purchased shares of Ebix, Inc. (NASDAQ: EBIX), 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 Ebix, Inc. (NASDAQ: EBIX) concerning whether a series of statements by Ebix, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Johns Creek, GA based Ebix, Inc., together with its subsidiaries, provides on-demand infrastructure software exchanges and e-commerce services to the insurance, financial, travel, and healthcare industries in the United States and internationally.
Ebix, Inc. reported that its annual Total Revenue rose from $625.6 million in 2020 to $994.93 million in 2021, and that its Net Income declined from $92.37 million in 2020, to $68.18 million in 2021.
On June 16, 2022, Hindenburg issued a short report on Ebix, Inc. titled, "Ebix: This House of "Cards" Seems To Have a Glaring Fake Revenue Problem". Hindenburg stated that in February 2021, "Ebix auditor RSM resigned because the company refused to provide evidence regarding "unusual transactions related to the Company's gift card business in India." The auditor was unable to obtain evidence to allow it to evaluate the business purposes behind the transactions. Hindenburg's review of Indian corporate records shows that these "unusual transactions" have increased since RSM's departure."
Shares of Ebix, Inc. (NASDAQ: EBIX) declined from $44.42 per share on March 10, 2022, to as low $12.50 per share on June 16, 2022.
Those who purchased shares of Ebix, Inc. (NASDAQ: EBIX) have certain options and should contact the Shareholders Foundation.
Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors in shares of Ebix, Inc. (NASDAQ: EBIX) over possible Violations of Securities Laws here
News-ID: 2661452 • Views: …
More Releases from Shareholders Foundation
Lawsuit for Investors in Sonder Holdings Inc. (NASDAQ: SOND) filed in effort to …
An investor, who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND), filed a lawsuit over alleged violations of Federal Securities Laws by Sonder Holdings Inc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: SOND investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Lawsuit filed for Investors in Ocugen, Inc. (NASDAQ: OCGN) in effort to recover …
An investor, who purchased shares of Ocugen, Inc. (NASDAQ: OCGN), filed a lawsuit i over alleged violations of Federal Securities Laws by Ocugen, Inc..
Investors who purchased shares of Ocugen, Inc. (NASDAQ: OCGN) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: OCGN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Malvern, PA based Ocugen, Inc., a…
Investors who lost money with shares of Evolv Technologies Holdings, Inc. (NASDA …
An investor, who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV), filed a lawsuit in the U.S. District Court for the District of Massachusetts over alleged violations of Federal Securities Laws by Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp.
Investors who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) have certain options and for certain investors are short and strict deadlines running. Deadline: May 24, 2024. NASDAQ: EVLV…
Investigation announced for Investors who purchased shares of Comtech Telecommun …
Comtech Telecommunications Corp is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Comtech Telecommunications Corp. (NASDAQ: CMTL), 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 whether a series of statements by Comtech Telecommunications Corp. regarding its business, its prospects and its operations were materially false…
More Releases for Ebix
Investigation announced for Long-Term Investors in Ebix, Inc. (NASDAQ: EBIX) ove …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Ebix, Inc..
Investors who purchased shares of Ebix, Inc. (NASDAQ: EBIX) 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 concerns whether certain Ebix, Inc. officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Johns Creek,…
Insurance Agency Portal Market Set for Explosive Growth | Comarch, AgencyZoom, A …
A new business intelligence report released by AMA with title "Insurance Agency Portal Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Insurance Agency Portal Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics…
Investigation for Long-Term Investors in Ebix, Inc. (NASDAQ: EBIX) announced
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Ebix, Inc..
Investors who are current long term investors in Ebix, Inc. (NASDAQ: EBIX) shares, 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 for current long term investors in NASDAQ: EBIX stocks follows a lawsuit filed against Ebix, Inc. over…
Deadline on April 23rd in Lawsuit for Investors in Ebix, Inc. (NASDAQ: EBIX)
A deadline is coming up on April 23, 2021 in the lawsuit filed for certain investors of Ebix, Inc. (NASDAQ: EBIX) over alleged securities laws violations by Ebix, Inc.
Investors who purchased shares of Ebix, Inc. (NASDAQ: EBIX) have certain options and there are strict and short deadlines running. Deadline: April 23, 2021. NASDAQ: EBIX stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the…
Lawsuit filed for Investors in shares of Ebix, Inc. (NASDAQ: EBIX) over alleged …
An investor, who purchased shares of Ebix, Inc. (NASDAQ: EBIX), filed a lawsuit over alleged violations of Federal Securities Laws by Ebix, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Ebix, Inc. (NASDAQ: EBIX) have certain options and for certain investors are short and strict deadlines running. Deadline: April 23, 2021. ENASDAQ: EBIX investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)…
Global Insurance Software Market 2017: Acturis, Dell, Ebix, Hyland Software, Sal …
The Global Insurance Software market research Report during 2017 to 2022 provide depth perception of the major regional market standing of the Insurance Software trade on a international level that basically focuses the core regions that contains of continents such as North and South America, Europe, Africa and Asia and therefore the key countries like USA, Germany, India, China, South Korea and Japan.
Get Sample Copy of Report Here:…
