SAN FRANCISCO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Ebix, Inc. (NASDAQ:EBIX) investors with significant losses to submit your losses now. The firm is investigating possible securities fraud and certain investors may have valuable claims.
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Ebix, Inc. (EBIX) Investigation:
The investigation centers on the propriety of Ebix’s reported results and internal controls over financial reporting.
On Feb. 19, 2021, Ebix announced that its outside auditor, RSM US LLP, had abruptly resigned. RSM advised the audit committee chair that “despite repeated inquiries” RSM was unable to obtain sufficient audit evidence to “evaluate the business purpose of …