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Investigation of Ebix, Inc.
Ebix, Inc. (EBIX) Misled Shareholders About the Adequacy of its Internal Controls of Financial Reporting On February 19, 2021, after the market closed, Ebix revealed that its independent auditor, RSM
Ebix, Inc. (EBIX) Misled Shareholders About the Adequacy of its Internal Controls of Financial Reporting On February 19, 2021, after the market closed, Ebix revealed that its independent auditor, RSM
Intrusion Inc. (INTZ) Misled Investors Regarding its Business Operations Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations,
QuantumScape Corporation (QS) Misled Shareholders by Overstating the Viability, Power and Life of its Solid-State Battery On November 27, 2020, QuantumScape went public via a business combination with Kensington
Aterian, Inc. (ATER) Made Misstatements Regarding its Business Prospects On December 1, 2020, the Company announced that it had acquired the assets of “leading e-commerce business brands Mueller, Purstream,
Peloton Interactive. Inc. (PTON) Misled Investors Regarding the Company’s Concerns for User Safety In October 2020, Peloton recalled 27,000 bikes after reports of pedal breakages and customer injuries. In commenting
PureCycle Technologies, Inc. (PCT) Made Misstatements Regarding its Purported Financial Condition and Prospects On November 16, 2020, PureCycle announced it would list its common stock on NASDAQ through a
XL Fleet Corp. (XL) Misled Shareholders About its Business Prospects XL Fleet formed via merger of XL Hybrids, Inc. and Pivotal Investment Corporation II, a special purpose acquisition company, on
Repro Med Systems, Inc. d/b/a KORU Medical Systems (KRMD) Failed to Disclose its Use of Allowances to Incentivize Growth On August 4, 2020, KORU announced strong second quarter financial results.
Skillz Inc. (SKLZ) Made Misstatements Regarding its Purported Financial Condition and Prospects Flying Eagle Acquisition Corp., a special purpose acquisition corporation, and Skillz consummated their merger on December 16,
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