Investigation for Investors in Health Insurance Innovations Inc (NASDAQ:HIIQ) Announced - Insurance News | InsuranceNewsNet

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May 13, 2016 Newswires
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Investigation for Investors in Health Insurance Innovations Inc (NASDAQ:HIIQ) Announced

ReleaseWire

An investigation on behalf of investors in Health Insurance Innovations Inc (NASDAQ:HIIQ) shares over potential wrongdoing at Health Insurance Innovations was announced and NASDAQ:HIIQ stockholders should contact the Shareholders Foundation.San Diego, CA -- (SBWIRE) -- 05/13/2016 -- An investigation for investors in shares of Health Insurance Innovations Inc (NASDAQ:HIIQ) was announced over potential breaches of fiduciary duties by certain officers and directors at Health Insurance Innovations Inc (NASDAQ:HIIQ.

Investors who purchased shares of Health Insurance Innovations Inc (NASDAQ:HIIQ) have certain options and should contact the Shareholders Foundation at [email protected] or call 858-779-1554.

The investigation by a law firm concerns whether certain Health Insurance Innovations and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Health Insurance Innovations Inc reported that its annual Total Revenue rose from $56.64 million in 2013 to $104.70 million in 2015 and that its Net Loss of $3.35 million in 2013 turned into a Net income of $0.60 million in 2015.

Shares of Health Insurance Innovations Inc (NASDAQ:HIIQ) reached as high as $14.99 per share in May 2013 and declined in 2015 as low as $4.15 per share in August 2015.

On May 11, 2016, NASDAQ:HIIQ shares closed at $6.31 per share.

Those who purchased shares of Health Insurance Innovations Inc 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
[email protected] more information on this press release visit: http://www.sbwire.com/press-releases/investigation-investors-health-insurance-innovations-inc-nasdaqhiiq-announced-688847.htm

Media Relations Contact

Michael DanielsGeneral Manager
Shareholders Foundation
Telephone: 858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com

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