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Health Insurance Innovations, Inc. (HIIQ)

Securities Class Action

Overview
  • Date:
  • 4/25/2019
  • Company Name:
  • Health Insurance Innovations, Inc.
  • Stock Symbol:
  • HIIQ
  • Status:
  • Closed/Complete

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NEW YORK, April 25, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of Health Insurance Innovations, Inc. (NASDAQ: HIIQ).

On September 21, 2017 a complaint was filed alleging that between November 3, 2016 and September 11, 2017, defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) 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; (2) 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; (3) said rejection was substantially harming the company’s ability to conduct its core business; and (4) as a result, Health Insurance Innovations’ public statements were materially false and misleading at all relevant times.

If you purchased or otherwise acquired Health Insurance Innovations securities during the Class Period and suffered a loss or continue to hold shares purchased prior to the Class Period, 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.

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