Ebix, Inc. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation
Of Acquisition By An Affiliate Of Goldman, Sachs & Co.
NEW YORK, May 1, 2013
NEW YORK, May 1, 2013 /PRNewswire/ --Bernstein Liebhard LLP is investigating
whether the Board of Directors of Ebix, Inc. ("Ebix" or the "Company")
(NASDAQ: EBIX) breached its fiduciary duty to its shareholders in agreeing to
sell Ebix to an affiliate of Goldman, Sachs & Co.
Under the terms of the agreement, Ebix shareholders will receive $20.00 in
cash for each share they own. The investigation is focused on the potential
unfairness of the price to Ebix shareholders and the process by which the Ebix
Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as an Ebix stockholder, with
no obligation or cost to you, please contact U. Seth Ottensoser at:
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and
shareholder rights cases and recovered over $3 billion for its clients. It
has been named to The National Law Journal's "Plaintiffs' Hot List" in each of
the last ten years.
ATTORNEY ADVERTISING. © 2013 Bernstein Liebhard LLP. The law firm responsible
for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New
York, New York 10016, (212) 779-1414. The lawyer responsible for this
advertisement in the State of Connecticut is Michael S. Bigin. Prior results
do not guarantee or predict a similar outcome with respect to any future
SOURCE Bernstein Liebhard LLP
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