LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC announces it is investigating claims against Inovalon Holdings, Inc (“Inovalon” or the “Company”) (Nasdaq: INOV) concerning possible violations of federal securities laws. The investigation is related to allegations that certain statements issued by Inovalon were false and misleading and/or failed to disclose material information regarding the Company’s financial performance.
To participate in this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at brian@lundinlawpc.com.
The investigation concerns whether the Company failed to disclose that Inovalon’s post-Initial Public Offering results had been negatively impacted by a higher effective tax rate. The price of Inovalon stock has declined significantly since its IPO.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
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