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Zamansky LLC Investigates Ebix, Inc. Over The Termination Of The Planned Merger With A Goldman Sachs Affiliate

June 21, 2013 Blog

Zamansky LLC announces that on behalf of shareholders it is investigating Ebix, Inc. (“Ebix”) over the termination of the planned merger with a Goldman Sachs affiliate. The investigation concerns the alleged conduct of Ebix’s senior officers and directors.

Zamansky LLC announces that on behalf of shareholders it is investigating Ebix, Inc. (“Ebix”) over the termination of the planned merger with a Goldman Sachs affiliate. The investigation concerns the alleged conduct of Ebix’s senior officers and directors.

On June 20, 2013, BloombergNews reported that Goldman Sachs terminated its agreement to acquire Ebix in a merger valued at $20 per share. Goldman Sachs refused to forward with the transaction because the U.S. Attorney in Atlanta has opened a probe into allegations of intentional misconduct, BloombergNews reported. As a result of this news, BloombergNews reported, Ebix’s stock price fell 40%.

According to stock fraud attorney Jake Zamansky, Ebix’s failed merger agreement with Goldman Sachs has hurt shareholders. The investigation concerns alleged misconduct by Ebix’s senior officers and directors which caused Goldman Sachs to withdraw from the transaction. Long-term shareholders of Ebix should be upset by these events, according to Zamansky.

What Ebix Investors Can Do

If you would were an investor in Ebix stock and wish to discuss your legal rights, you may, without obligation or cost to you, email jake@zamansky.com or call the law firm at (212) 742-1414.

If you have information that would assist with the investigation, please also contact us.

About Zamansky LLC

Zamansky LLC is one of the leading securities fraud law firms specializing in securities class actions and securities arbitration. We are stock fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.

To learn more about Zamansky, please visit our website, https://www.zamansky.com.

Contacts

Zamansky LLC, LLC
50 Broadway – 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414
jake@zamansky.com

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“Jake Zamasky and his colleagues represented me in a FINRA arbitration case against a large multinational bank and succeeded in obtaining an award for the full amount of my investment losses. I would highly recommend the Zamansky firm for their experience in securities litigation, their level of detailed research and case preparation, and their ability to effectively fight for what’s right.”

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Donald A.

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“Jake Zamansky represented me in a FINRA arbitration case which allowed me to recover a substantial portion of investment losses. He is truly an expert in this space and I would highly recommend him to those investors who may have been been a victim of investment fraud.”

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