Ebix responds to Seeking Alpha blog, says filing complies with SEC requirements
Ebix issued a response to the report appearing in the Seeking Alpha blog yesterday. In a statement, the company said, "The company has reviewed the unsubstantiated report released on February 21. Management believes that to the best of its knowledge Ebix's financial reporting, including, among other things, the company's accounting for and reporting of intercompany loans, is appropriate and complies with all SEC reporting requirements."
Can be found on "Fly On The Wall"
Wish it was more, as well. I'd really like them to pursue legal action. Show some more fighting spirit. I know that's not 'how they do things', but it feels like they are bringing a knife to a gun fight.