An investigation for investors in NASDAQ:INOV shares was announced over potential breaches of fiduciary duties by certain Inovalon Holdings directors.
Investors who purchased shares of Inovalon Holdings Inc (NASDAQ:INOV) have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Inovalon Holdings directors breached their fiduciary duties and caused damage to the company and its shareholders.
On December 12, 2016, Inovalon Holdings Inc announced that it lowered its revenue and earnings guidance for full year 2016. Shares of Inovalon Holdings Inc (NASDAQ:INOV) declined to as low as $8.60 per share on December 14, 2016.
On January 9, 2017, NASDAQ:INOV shares closed at $10.75 per share.
Those who purchased NASDAQ:INOV shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego