Business Wire 15-Sep-2017 1:28 PM
NEW YORK--(BUSINESS WIRE)-- The Klein Law Firm announces the commencement of an investigation of Health Insurance Innovations, Inc. (NASDAQ:HIIQ) concerning possible violations of federal securities laws.
On September 11, 2017, an article was published on Seeking Alpha alleging, among other allegations, that: (1) in June 2017, one of the Companys key license applications was rejected after regulators uncovered undisclosed legal actions against Company insiders; and (2) the Company privately warned a Florida regulator that a rejection of its license application could create a domino effect whereby licensing denials would spread to the other states. Following this news, shares of Health Insurance fell more than 18% to close at $23.35 per share on September 11, 2017.
If you suffered a loss in Health Insurance and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/HIIQ-Info-Request-Form-206.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Joseph Klein, Esq.Empire State Building350 Fifth Avenue59th FloorNew York, NY 10118Telephone: (212) 616-4899Fax: (347) 558-9665www.kleinstocklaw.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20170915005792/en/
The Klein Law Firm Joseph Klein, Esq.212-616-4899
Source: The Klein Law Firm