An investigation for investors in Health Insurance Innovations, Inc. (NASDAQ: HIIQ) shares over potential securities laws violations by Health Insurance Innovations, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 01/14/2019 -- An investigation was announced concerning possible violations of securities laws by Health Insurance Innovations, Inc. in connection with certain financial statements.
Investors who purchased shares of Health Insurance Innovations, Inc. (NASDAQ: HIIQ), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Health Insurance Innovations, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 27, 2018, a report was published stating, among other things, that "[p]reviously sealed documents gathered by the FTC directly undermine management's claims and prove that a large boiler room operation recently shuttered by the government for a massive alleged fraud was responsible for roughly half of HIIQ's sales. Evidence also suggests that HIIQ policies have been contaminated by insurance fraud and reveal that other HIIQ brokers prey on consumers with falsehoods."
Those who purchased shares of Health Insurance Innovations, Inc. (NASDAQ: HIIQ) have certain options and should contact the Shareholders Foundation.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.