- The U.S. government is investigating Ebix (EBIX -24.4%) for possible money laundering, Bloomberg reports. Shares have plunged below $9 on the news.
- A Goldman affiliate terminated its planned acquisition of Ebix in June following news of a U.S. Attorney investigation. Ebix is also being investigated by the SEC.
- SA contributor Gotham City Research has been taking aim at Ebix's accounting, and so has short-seller Marc Cohodes.
From other sites
at CNBC.com (Mar 29, 2012)
at CNBC.com (Apr 1, 2011)
at CNBC.com (Jul 13, 2010)
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