Pomerantz LLP is investigating claims on behalf of investors of Ebix, Inc. ("Ebix" or the "Company"). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. 9980.
The investigation concerns whether Ebix and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On October 5, 2018, post-market, Ebix announced that the Company had approved the appointment of T R Chadha & Co. LLP as Ebix's independent registered public accounting firm for the fiscal year ending December 31, 2018, effective October 5, 2018, replacing Cherry Bekaert LLP, the Company's previous independent registered public accountant.
Following this news, Ebix's stock price fell $14.18 per share, or 19.62%, to close at $58.10 on October 8, 2018.