NEW ORLEANS, Oct. 6, 2017 /PRNewswire/ -- ClaimsFiler, a
FREE shareholder information service, reminds investors that they
have until November 10, 2017
to file lead plaintiff applications in a securities class action
lawsuit against Health Insurance Innovations, Inc. (NasdaqGM:
HIIQ), if they purchased the Company's securities between
August 2, 2017 and September 11, 2017, inclusive (the "Class
Period"). This action is pending in the United States
District Court for the Eastern District of New York.
Get Help
Health Insurance Innovations ("HII") investors should visit us
at
https://www.claimsfiler.com/cases/view-health-insurance-innovations-inc-securities-litigation
or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
HII and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On September 11, 2017, a report
released by SeekingAlpha revealed that the Company's application
for a key insurance license in its home state of Florida had been denied months earlier due in
part to material errors and omissions and that in the process of
appealing that rejection, the Company predicted a disastrous
"domino effect" that the rejection would have in other states where
it conducts business.
On this news, the price of HII's shares plummeted.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler's
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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