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Fly News Breaks for May 8, 2019
HIIQ
May 8, 2019 | 11:24 EDT
Health Insurance Innovations last night in its quarterly filing updated its disclosure regarding the ongoing dispute between the FTC and one of its former distributors, Simple Health, Cantor Fitzgerald analyst Steven Halper told investors earlier in a research note. The disclosure indicates that Health Insurance is not a defendant or party in the case and has been in regular dialogue with the FTC, says the analyst. He views the disclosure positively and reiterates his view that concerns regarding the company's exposure to FTC lawsuit against Simple Health are "entirely overblown." Shares of Health Insurance Innovations are up 8c to $22.02 in morning trading.
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