LOS ANGELES, Sept. 25, 2017 /PRNewswire/ -- Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Health Insurance Innovations, Inc. ("Health Insurance Innovations" or the "Company") (Nasdaq: HIIQ) for violations of federal securities laws.
Investors who purchased the Company's shares between August 2, 2017 and September 11, 2017, inclusive (the "Class Period"), are encouraged to contact the firm before November 10, 2017, the lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate.
We also encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm's website at http://www.goldberglawpc.com/, or by email at firstname.lastname@example.org.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Complaint alleges that throughout the Class Period, Health Insurance Innovations made false and/or misleading statements and/or failed to disclose: that the Company's application for a third-party insurance administrators license with the Florida Office of Insurance Regulation was denied due partly to material errors and omissions; that the Florida Office of Insurance Regulation's rejection of its application for a third-party insurance administrators license could result in its losing licenses in the other states; and as a result of the above, the Company's public statements were materially false and misleading at all relevant times. Following this news, Health Insurance Innovation's stock price dropped materially, which caused investors harm.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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SOURCE Goldberg Law PC