SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Health Insurance Innovations, Inc. (HIIQ)
NEW YORK, Sept. 11, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Health Insurance Innovations, Inc. ("Health Insurance" or the "Company") (Nasdaq: HIIQ). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/hiiq.
The investigation concerns whether Health Insurance and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On September 11, 2017, SeekingAlpha.com published an article asserting that: (1) in June 2017, Health Insurance was rejected for a key insurance license in its home state of Florida, as the regulator uncovered undisclosed legal actions against Health Insurance insiders; (2) Health Insurance privately warned the Florida regulator of the disastrous "domino effect" from this rejection by which licensing denials will then spread to the other states in which Health Insurance does business. Following this news, shares of Health Insurance fell $9.90 or 33.11% during intraday trading on September 11, 2017.
If you are aware of any facts relating to this investigation, or purchased Health Insurance shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/hiiq. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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