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 Company’s 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.
Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665