Health Insurance Innovations, Inc. (HIIQ) Loss Submission Form
Levi & Korsinsky announces it has filed a complaint in the USDC for the Middle District of Florida on behalf of shareholders of Health Insurance Innovations, Inc. (NASDAQGM: HIIQ) who purchased shares between March 4, 2016 and September 11, 2017.
The complaint alleges that throughout the class period 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. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you suffered a loss in Health Insurance Innovations you have until November 13, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.To receive more information, please fill out the form.