A lawsuit was filed on behalf of investors in Health Insurance Innovations Inc (NASDAQ:HIIQ) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 10/04/2017 -- An investor, who purchased shares of Health Insurance Innovations Inc (NASDAQ:HIIQ), filed a lawsuit over alleged Securities Laws violations by Health Insurance Innovations Inc.
Investors who purchased shares of Health Insurance Innovations Inc (NASDAQ:HIIQ) should contact the Shareholders Foundation at email@example.com or call 858-779-1554.
The plaintiff claims that between August 2, 2017 and September 11, 2017, the defendants throughout made false and/or misleading statements and/or failed to disclose that Health Insurance Innovations' application for a third-party insurance administrators license with the Florida Office of Insurance Regulation was denied due in part to material errors and omissions, that the Florida Office of Insurance Regulation's rejection of Health Insurance Innovations' application for a third-party insurance administrators license could result in its losing licenses in the other states, and that as a result, Health Insurance Innovations' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Health Insurance Innovations Inc (NASDAQ:HIIQ) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
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