Legal Opinion

In re Ebix, Inc. Stockholder Litigation

Court of Chancery of Delaware

Decided July 17, 2018No. CA 8526-VCSPublished

1Opinion of the Court

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN RE EBIX, INC. ) CONSOLIDATED STOCKHOLDER LITIGATION ) C.A. No. 8526-VCS ORDER GRANTING CLASS CERTIFICATION AND APPOINTING CLASS REPRESENTATIVES AND CLASS COUNSEL WHEREAS: A. On October 31, 2016, plaintiffs, Gilbert C. Spagnola (“Spagnola”) and Desert States Employers & UFCW Union Pension Plan (“Desert States,” and together with Spagnola, the “Initial Plaintiffs”), filed a Motion for Class Certification (the “Motion”) in the above-referenced action; B. On October 13, 2017, defendants, Hans U. Benz, Pavan Bhalla, Neil D. Eckert, Rolf Herter,…

2Cases cited7 opinions

  1. Nottingham Partners v. DanaSupreme Court of Delaware · 1989
  2. BVF Partners L.P. v. New Orleans Employees' Retirement SystemSupreme Court of Delaware · 2012
  3. Turner v. BernsteinCourt of Chancery of Delaware · 2000
  4. Leon N. Weiner & Associates, Inc. v. KrapfSupreme Court of Delaware · 1991
  5. In Re Resorts International Shareholders Litigation AppealsSupreme Court of Delaware · 1990

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