Kirby McInerney LLP Announces That a Securities Class Action Lawsuit Has Been Filed Against Health Insurance Innovations, Inc...
12 Setembro 2017 - 2:38PM
Business Wire
Kirby McInerney LLP announces that a class action lawsuit has
been filed in the U.S. District Court for the Eastern District of
New York on behalf of all persons or entities that acquired Health
Insurance Innovations, Inc. (HIIQ) securities during the period
from August 2, 2017 through September 11, 2017 (the “Class
Period”). The suit asserts claims for violation of the federal
securities laws against Health Insurance Innovations, Inc. (the
“Company”) and several of its senior officers. Pursuant to
applicable law, investors have until November 10, 2017 to apply to
the Court to be appointed as lead plaintiff in the lawsuit.
The lawsuit alleges that during the Class Period, defendants
failed to disclose that the Company had been denied a key insurance
license in Florida due in part to material errors and omissions in
the Company’s application. Following a September 11, 2017 public
report of this licensing rejection, the Company’s share price fell
from $29.90 to $23.35, a decline of $6.55 per share.
If you acquired Health Insurance Innovations, Inc. securities
during the Class Period, have information about this matter, 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 Sarah Lynch by email at
slynch@kmllp.com, or telephone at (212) 371-6600, or by filling out
this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, whistleblower, antitrust and consumer
litigation. Kirby McInerney’s efforts on behalf of shareholders
have resulted in recoveries totaling billions of dollars.
Additional information about the firm can be found at Kirby
McInerney LLP’s website: www.kmllp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170912006562/en/
Kirby McInerney LLPSarah Lynch, (212)
371-6600slynch@kmllp.com
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