NASDAQ:HIIQ Shareholder Notice: Deadline on April 22, 2019 Upcoming in Lawsuit Filed Against Health Insurance Innovations, Inc.

ReleaseWire

San Diego, CA -- (SBWIRE) -- 04/17/2019 -- A deadline is coming up on April 22, 2019 in the lawsuit filed for certain investors in NASDAQ: HIIQ shares over alleged securities laws violations by Health Insurance Innovations, Inc.

Investors who purchased shares of Health Insurance Innovations, Inc. (NASDAQ: HIIQ) have certain options and there are strict and short deadlines running. Deadline: April 22, 2019. NASDAQ: HIIQ stockholders should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Health Insurance Innovations, Inc. (NASDAQ: HIIQ) common shares between February 28, 2018 and November 27, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 28, 2018 and November 27, 2018, the Defendants failed to disclose to investors that a substantial portion of the Company's revenues were derived from third parties, that these third parties used deceptive tactics to sell the Company's policies, including overstating the policy's coverage and/or selling under the licenses of employees who had no involvement in the underlying sales, that regulatory scrutiny of these third parties would materially impact the Company's operations, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Health Insurance Innovations, Inc. (NASDAQ: HIIQ) 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]

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.