Ebix (EBIX -9.4%) responds to SA contributor Gotham City Research's claims of improper...

|About: Ebix Inc (EBIX)|By:, SA News Editor

Ebix (EBIX -9.4%) responds to SA contributor Gotham City Research's claims of improper accounting with a terse PR that calls Gotham's assertions "unsubstantiated," and insists Ebix's financial reporting "complies with all SEC reporting requirements." Investors aren't sold on Ebix's defense; shares are now down 33% since Gotham's report came out.