Kaskela Law LLC Announces Investigation of Benefytt Technologies, Inc. (BFYT) and Encourages Long-Term Stockholders to Contact the Firm
PHILADELPHIA, PA / ACCESSWIRE / March 26, 2020 / Kaskela Law LLC announces that it is investigating Benefytt Technologies, Inc. ("Benefytt") (NASDAQ:BFYT), f/k/a Health Insurance Innovations, Inc. (NASDAQ:HIIQ) on behalf of the company's stockholders.
Current Benefytt stockholders who purchased shares of the company's stock prior to September 25, 2017 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585 or (888) 715 – 1740, or online at http://kaskelalaw.com/case/hiiq/, for additional information about this investigation and their legal rights and options.
In February 2019, a shareholder securities fraud complaint was filed against the Company in federal court on behalf of certain purchasers of Benefytt's common stock. Among other things, the shareholder complaint alleged that Benefytt violated the federal securities laws by issuing a series of materially false and misleading statements to investors about the Company's business, operations and prospects.
The firm's investigation seeks to determine whether Benefytt's officers and/or directors breached their fiduciary duties to the Company and its stockholders in connection with the above alleged misconduct.
Benefytt shareholders are encouraged to contact Kaskela Law LLC for additional information about this investigation. Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.
CONTACT:
D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com
SOURCE: Kaskela Law LLC
ReleaseID: 582602