Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of Health Insurance Innovations, Inc. (NASDAQ: HIIQ) concerning possible breaches of fiduciary duty arising from allegations that certain officers and directors of HIIQ made materially false and/or misleading statements to the investing public.
On September 11, 2017, it was alleged that in June 2017, HIIQ was rejected for a key insurance license in its home state of Florida after the regulator discovered multiple undisclosed legal actions against HIIQ insiders. Additionally, it was alleged that HIIQ is facing fraud investigations or cease and desist orders from 42 different states.
If you hold HIIQÂ shares and you would like to discuss your legal rights, please email the firm at info@hkh-lawfirm.com. You can also contact us by calling Michael J. Hynes at (484) 875-3116 or by sending an e-mail to mhynes@hkh-lawfirm.com.