Ebix, Inc. Investors: Last Times to Participate Actively in the Class Action Lawsuit Portnoy Law Firm

/EIN News/ — Investors with losses are inspired to make contact with the company prior to April 23, 2021 click on here to submit trade data

​LOS ANGELES, April 13, 2021 (World NEWSWIRE) — The Portnoy Law Organization advises traders that a class action lawsuit has been filed on behalf of Ebix, Inc. (NASDAQ: EBIX) traders that obtained shares between November 9, 2020 and February 19, 2021. Investors have until finally April 23, 2021 to seek an active position in this litigation.

Buyers are encouraged to speak to attorney Lesley F. Portnoy, to identify eligibility to take part in this action, by cellular phone 310-692-8883 or electronic mail, or simply click in this article to be part of the circumstance.

The allegations of securities fraud target on regardless of whether the business misled buyers with regards to its compliance with relevant accounting procedures. On Friday, February 19, 2021, Ebix declared that the Company’s auditors, RSM resigned as the company’s independent registered community accounting business. RSM explained it was “resigning as a result of being unable, despite recurring inquiries, to attain enough suitable audit evidence that would make it possible for it to assess the business enterprise purpose of considerable uncommon transactions that occurred” in 4Q. The Organization even further mentioned that the auditor experienced a “disagreement” on the classification of resources of $30m that was transferred to a rely on account of Ebix’s outside the house lawful counsel.

A course action lawsuit has already been filed. If you desire to provide as lead plaintiff, you ought to shift the Courtroom no later on than April 23, 2021.

Please check out our website to review much more data and submit your transaction information and facts.

The Portnoy Legislation Firm signifies traders in pursuing promises arising from corporate wrongdoing. The Firm’s founding husband or wife has recovered about $5.5 billion for aggrieved buyers. Attorney promoting. Prior benefits do not guarantee related results.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
[email protected]
310-692-8883
www.portnoylaw.com

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