In Re Health Insurance Innovations Securities Litigation Case No. 8:17-cv-02186 TPB-SPF
Welcome to the website for Health Insurance Innovations Securities Litigation, pending in the United States District Court for the Middle District of Florida, Tampa Division (the “Action”).
The deadline for submitting claims was April 8, 2021. Late-filed claims may still be accepted, provided they are received by the Claims Administrator by May 25, 2021.
On February 23, 2021, Hon. Magistrate Judge Sean Flynn conducted a public fairness hearing for the proposed Settlement by video conference. On March 23, 2021, Judge Flynn issued a Report and Recommendation recommending that the Settlement be approved and that the Lead Counsel’s unopposed motion for fees and expenses be granted. On March 30, 2021, Hon. District Judge Thomas Barber entered his Order adopting Judge Flynn’s Report and Recommendation and granting final approval of the Settlement as well as the motion for fees and expenses. These and certain other documents for the case are available here.
If you purchased or otherwise acquired Health Insurance Innovations, Inc. (“HIIQ”) Class A Common Stock (trading symbol HIIQ) or exchange-traded call options on HIIQ Class A Common Stock, or sold (wrote) exchange-traded put options on HIIQ Class A Common Stock between August 4, 2017, and September 11, 2017, inclusive, you could get a payment from a class action settlement.
Court-appointed Lead Plaintiff Robert Rector, on behalf of himself and the Court-certified Settlement Class, has reached a proposed settlement in this class action lawsuit (the “Litigation”) for a total of Two-Million Eight-Hundred Thousand Dollars ($2,800,000.00) in cash that, if approved, will resolve all claims in the Litigation.
Please read the Notice to fully understand your rights and options.
If you are a member of the Settlement Class, in order to be potentially eligible to receive payment from the Settlement, you must submit a Proof of Claim and Release Form (“Claim Form”) postmarked, no later than April 8, 2021.
The Frequently Asked Questions page of this website has more information on your rights as a Member of the Settlement Class in this Action.