{"id":454324,"date":"2021-03-09T18:18:20","date_gmt":"2021-03-09T23:18:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454324"},"modified":"2021-03-09T18:18:20","modified_gmt":"2021-03-09T23:18:20","slug":"ebix-investor-news-rosen-a-top-ranked-law-firm-encourages-ebix-inc-investors-with-large-losses-to-secure-counsel-before-important-deadline-ebix","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ebix-investor-news-rosen-a-top-ranked-law-firm-encourages-ebix-inc-investors-with-large-losses-to-secure-counsel-before-important-deadline-ebix\/","title":{"rendered":"EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. Investors with Large Losses to Secure Counsel Before Important Deadline \u2013 EBIX"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. Investors with Large Losses to Secure Counsel Before Important Deadline \u2013 EBIX<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>WHY: <\/b>Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ebix, Inc. (NASDAQ: EBIX) between November 9, 2020 and February 19, 2021, inclusive (the \u201cClass Period\u201d), of the important<b> April 23, 2021 lead plaintiff deadline<\/b>.\n<\/p>\n<p><b>SO WHAT:<\/b> If you purchased Ebix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.\n<\/p>\n<p><b>WHAT TO DO NEXT: <\/b>To join the Ebix class action, go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2041.html&amp;esheet=52393504&amp;newsitemid=20210309006065&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2041.html&amp;index=1&amp;md5=7795f6af94f41a7f594f31b455b208cd\">http:\/\/www.rosenlegal.com\/cases-register-2041.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a rel=\"nofollow\" href=\"mailto:pkim@rosenlegal.com\">pkim@rosenlegal.com<\/a> or <a rel=\"nofollow\" href=\"mailto:cases@rosenlegal.com\">cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court <b>no later than April 23, 2021<\/b>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.\n<\/p>\n<p><b>WHY ROSEN LAW: <\/b>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.\n<\/p>\n<p><b>DETAILS OF THE CASE: <\/b>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) there was insufficient audit evidence to determine the business purpose of certain significant unusual transactions in Ebix\u2019s gift card business in India during the fourth quarter of 2020; (2) there was a material weakness in Company\u2019s internal controls over the gift or prepaid revenue transaction cycle; (3) the Company\u2019s independent auditor was reasonably likely to resign over disagreements with Ebix regarding $30 million that had been transferred into a commingled trust account of Ebix\u2019s outside legal counsel; and (4) as a result of the foregoing, defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.\n<\/p>\n<p>\nTo join the Ebix class action, go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2041.html&amp;esheet=52393504&amp;newsitemid=20210309006065&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2041.html&amp;index=2&amp;md5=06c2f0e8451c6135fc7a7cf8d84c9a33\">http:\/\/www.rosenlegal.com\/cases-register-2041.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a rel=\"nofollow\" href=\"mailto:pkim@rosenlegal.com\">pkim@rosenlegal.com<\/a> or <a rel=\"nofollow\" href=\"mailto:cases@rosenlegal.com\">cases@rosenlegal.com<\/a> for information on the class action.\n<\/p>\n<p>\nNo Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.\n<\/p>\n<p>\nFollow us for updates on LinkedIn: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;esheet=52393504&amp;newsitemid=20210309006065&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;index=3&amp;md5=75f0cf2c9f5efa9c4026e63f7deb3c27\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;esheet=52393504&amp;newsitemid=20210309006065&amp;lan=en-US&amp;anchor=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;index=4&amp;md5=5a0207f823c9d09fdcda62054109a68f\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&amp;esheet=52393504&amp;newsitemid=20210309006065&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&amp;index=5&amp;md5=2dad8877bfb82bddbeddbc715ce7123d\">https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.\n<\/p>\n<p>\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210309006065r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210309006065\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210309006065\/en\/<\/a><\/span><\/p>\n<p>\nLaurence Rosen, Esq.<br \/>\n<br \/>Phillip Kim, Esq.<br \/>\n<br \/>The Rosen Law Firm, P.A.<br \/>\n<br \/>275 Madison Avenue, 40th Floor<br \/>\n<br \/>New York, NY 10016<br \/>\n<br \/>Tel: (212) 686-1060<br \/>\n<br \/>Toll Free: (866) 767-3653<br \/>\n<br \/>Fax: (212) 202-3827<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lrosen@rosenlegal.com\">lrosen@rosenlegal.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:pkim@rosenlegal.com\">pkim@rosenlegal.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:cases@rosenlegal.com\">cases@rosenlegal.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rosenlegal.com&amp;esheet=52393504&amp;newsitemid=20210309006065&amp;lan=en-US&amp;anchor=www.rosenlegal.com&amp;index=6&amp;md5=85f7a7933e5f2e4a9b1f406d54264bd2\">www.rosenlegal.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210309006065\/en\/841157\/3\/Firm_Logo_November_2020.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. Investors with Large Losses to Secure Counsel Before Important Deadline \u2013 EBIX NEW YORK&#8211;(BUSINESS WIRE)&#8211;WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ebix, Inc. (NASDAQ: EBIX) between November 9, 2020 and February 19, 2021, inclusive (the \u201cClass Period\u201d), of the important April 23, 2021 lead plaintiff deadline. SO WHAT: If you purchased Ebix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Ebix class action, go to http:\/\/www.rosenlegal.com\/cases-register-2041.html or call Phillip Kim, Esq. toll-free at 866-767-3653 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ebix-investor-news-rosen-a-top-ranked-law-firm-encourages-ebix-inc-investors-with-large-losses-to-secure-counsel-before-important-deadline-ebix\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. Investors with Large Losses to Secure Counsel Before Important Deadline \u2013 EBIX&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-454324","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. 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Investors with Large Losses to Secure Counsel Before Important Deadline \u2013 EBIX NEW YORK&#8211;(BUSINESS WIRE)&#8211;WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ebix, Inc. (NASDAQ: EBIX) between November 9, 2020 and February 19, 2021, inclusive (the \u201cClass Period\u201d), of the important April 23, 2021 lead plaintiff deadline. SO WHAT: If you purchased Ebix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Ebix class action, go to http:\/\/www.rosenlegal.com\/cases-register-2041.html or call Phillip Kim, Esq. toll-free at 866-767-3653 &hellip; Continue reading &quot;EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. 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Investors with Large Losses to Secure Counsel Before Important Deadline \u2013 EBIX - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ebix-investor-news-rosen-a-top-ranked-law-firm-encourages-ebix-inc-investors-with-large-losses-to-secure-counsel-before-important-deadline-ebix\/","og_locale":"en_US","og_type":"article","og_title":"EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. Investors with Large Losses to Secure Counsel Before Important Deadline \u2013 EBIX - Market Newsdesk","og_description":"EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. Investors with Large Losses to Secure Counsel Before Important Deadline \u2013 EBIX NEW YORK&#8211;(BUSINESS WIRE)&#8211;WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ebix, Inc. (NASDAQ: EBIX) between November 9, 2020 and February 19, 2021, inclusive (the \u201cClass Period\u201d), of the important April 23, 2021 lead plaintiff deadline. SO WHAT: If you purchased Ebix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Ebix class action, go to http:\/\/www.rosenlegal.com\/cases-register-2041.html or call Phillip Kim, Esq. toll-free at 866-767-3653 &hellip; Continue reading \"EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. Investors with Large Losses to Secure Counsel Before Important Deadline \u2013 EBIX\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ebix-investor-news-rosen-a-top-ranked-law-firm-encourages-ebix-inc-investors-with-large-losses-to-secure-counsel-before-important-deadline-ebix\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-09T23:18:20+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210309006065r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ebix-investor-news-rosen-a-top-ranked-law-firm-encourages-ebix-inc-investors-with-large-losses-to-secure-counsel-before-important-deadline-ebix\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ebix-investor-news-rosen-a-top-ranked-law-firm-encourages-ebix-inc-investors-with-large-losses-to-secure-counsel-before-important-deadline-ebix\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"EBIX INVESTOR NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Ebix, Inc. 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