July 22, 2019
A New York federal judge greenlit a $6.5 million settlement Monday that would end investors' allegations over Patriot National Inc.'s purported failure to properly consider a $475 million takeover offer from insurance software maker Ebix Inc.
October 10, 2017
Investors accusing private equity-backed Patriot National Inc. and two executives of failing to properly consider Ebix Inc.'s $475 million takeover offer on Friday urged a New York federal judge to join their proposed class action with another suit over the company's stock repurchase program that allegedly artificially inflated its stock price.
March 14, 2017
Private equity-backed Patriot National Inc. and two executives were hit with securities class allegations Tuesday in New York federal court over the insurance industry service provider's purported failure to properly consider a $475 million takeover offer from insurance software maker Ebix Inc.