SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into
Possible Breaches of Fiduciary Duty by the Board of Ebix, Inc. in Connection
with the Sale of the Company to a Goldman, Sachs & Co. Affiliate
NEW YORK -- May 2, 2013
Levi & Korsinsky is investigating the Board of Directors of Ebix, Inc. (“Ebix”
or the “Company”) (Nasdaq: EBIX) for possible breaches of fiduciary duty and
other violations of state law in connection with the sale of the Company to a
Goldman, Sachs & Co affiliate.
Click here to learn more about the investigation
http://zlk.9nl.com/ebix-ebix/, or call: 877-363-5972. There is no cost or
obligation to you.
Under the terms of the transaction, Ebix shareholders will receive $20 for
each share of Ebix stock they own. The transaction has a total approximate
value of $820 million, including the assumption of debt. The investigation
concerns whether the Ebix Board of Directors breached their fiduciary duties
to stockholders by failing to adequately shop the Company before agreeing to
enter into the transaction, and whether Goldman, Sachs & Co. is underpaying
for Ebix stock, thus unlawfully harming Ebix stockholders.
If you own common stock in Ebix and wish to obtain additional information,
please contact Joseph E. Levi, Esq. either via email at email@example.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in New York, New Jersey and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. The attorneys at Levi &
Korsinsky have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities lawsuits
and have successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Toll Free: 877-363-5972
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