Cases
Health Insurance Innovations, Inc. (NASDAQ: HIIQ)
Securities Class Action
Overview
Overview
- Date:
- 2/7/2019
- Company Name:
- Health Insurance Innovations, Inc.
- Stock Symbol:
- HIIQ
- Status:
- Closed/Complete
NEW YORK, February 7, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against Health Insurance Innovations, Inc. (NASDAQ: HIIQ). Our investigation concerns possible breaches of fiduciary duty by certain officers and directors of the Company.
On November 27, 2018, Aurelius Value published a report stating, among other things, that “[p]reviously sealed documents gathered by the FTC directly undermine management’s claims and prove that a large boiler room operation recently shuttered by the government for a massive alleged fraud was responsible for roughly half of HIIQ’s sales. Evidence also suggests that HIIQ policies have been contaminated by insurance fraud and reveal that other HIIQ brokers prey on consumers with falsehoods.”
On this news, Health Insurance’s share price fell by more than 6%, closing at $31.20 on November 27, 2018.
If you purchased or otherwise acquired Health Insurance Innovations shares and suffered a loss, continue to hold shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On November 27, 2018, Aurelius Value published a report stating, among other things, that “[p]reviously sealed documents gathered by the FTC directly undermine management’s claims and prove that a large boiler room operation recently shuttered by the government for a massive alleged fraud was responsible for roughly half of HIIQ’s sales. Evidence also suggests that HIIQ policies have been contaminated by insurance fraud and reveal that other HIIQ brokers prey on consumers with falsehoods.”
On this news, Health Insurance’s share price fell by more than 6%, closing at $31.20 on November 27, 2018.
If you purchased or otherwise acquired Health Insurance Innovations shares and suffered a loss, continue to hold shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.