Inovalon Holdings Inc (NASDAQ:INOV) Shareholder Alert: Investigation of Potential Violations of Securities Laws

An investigation for investors in Inovalon Holdings Inc (NASDAQ:INOV) shares over potential securities laws violations was announced and NASDAQ:INOV stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 02/23/2016 --An investigation for shareholders in Inovalon Holdings Inc was announced over potential securities laws violations by Inovalon Holdings in connection certain financial statements.

Investors who purchased shares of Inovalon Holdings Inc (NASDAQ:INOV), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Inovalon Holdings Inc (NASDAQ:INOV) concerning whether a series of statements by Inovalon Holdings regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

In late March 2015 Inovalon Holdings Inc reported its fourth quarter and full year 2014 results. Inovalon Holdings Inc reported that its annual Total Revenue rose from $295.80 million in 2013 to $361.54 million in 2014 and that its Net Income increased from $32.72 million in 2013 to $65.35 million in 2014. Since then shares of Inovalon Holdings Inc (NASDAQ:INOV) declined to as low as $15.12 per share on January 21, 2016.

On February 19, 2016, NASDAQ:INOV shares closed at $19.69 per share.

Those who purchased shares of Inovalon Holdings Inc (NASDAQ:INOV) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/667065