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HIIQ.US
id: 1142

Health Insurance Innovations, Inc., $12M Fair Fund

$12,111,511
Cash Settlement
SEC
Court
3-20932
Case number
03/02/2017
Class period Start
03/12/2019
Class period End
03/28/2024
Claim deadline

Health Insurance Innovations, Inc. (HIIQ), now named Benefytt Technologies, Inc., pays $12 million to investors who lost on company concealing customer complaints.

Case Type
SEC Fair Fund
Case Status
Distribution Started
Alleged Offence
Misleading Statements, 
Failure to Disclose, 
Omissions
Suspected Party
Directors, 
Management
Security Type
Stocks
Trade Direction
Long
Filing date
07/20/2022
Administrator
EPIQ
Trades matching type
FIFO
Disbursement date
04/01/2025

Frequently Asked Questions

Who is eligible for this settlement?

All persons who purchased and/or acquired HII common stock the period of time from March 2, 2017, through March 12, 2019, inclusive.

Do I have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate.

You can participate in the settlement and retain (or sell) your securities.

How long does the payout process take?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

What is 11thestate?

11thestate is an investor recovery company, we help investors to track and collect securities class action settlements. We will:

  1. Prepare documents for your payout

  2. Audit the claim and make sure you get the maximum possible payout

  3. File a claim with the settlement administration

  4. Correspond with the settlement administration to resolve emerging issues

  5. Deliver payout directly to your brokerage account

There is no upfront cost, but we will deduct 20% of the recovered amount as a commission for our services.