Recent Securities Litigations

Health Insurance Innovations, Inc. (NASDAQ: HIIQ)

Company Name:Health Insurance Innovations, Inc.
Stock Symbol:NASDAQ: HIIQ
Class Period Start:08/04/2017
Class Period End (inclusive):09/11/2017

According to the law firm's press release, the lawsuit alleges defendants throughout the Class Period made 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; and (3) 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.