San Diego, CA — 11/07/2017 — The Shareholders Foundation announces that a deadline is coming up on November 10, 2017 in the lawsuit filed for certain investors in NASDAQ:HIIQ shares concerning alleged securities laws violations by Health Insurance Innovations Inc.
The plaintiff alleges on behalf of purchasers of Health Insurance Innovations Inc (NASDAQ:HIIQ) common shares between August 2, 2017 and September 11, 2017, that the defendants violated Federal Securities Laws. More specifically, 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
Latest posts by Brad Bennett (see all)
- Town Sports International Holdings, Inc. to Acquire Total Woman Gym and Spa - February 22, 2018
- Food Flavor Enhancer Global Market 2018 Key Players,Share, Trend, Segmentation and Forecast to 2023 - February 22, 2018
- X Wine Railroad Celebrates One Year Anniversary with Sold Out Valentine's Day Run - February 22, 2018