Federal Securities Law Claims Against Insurer, Officers Survive Dismissal Bid

Mealey's (November 6, 2019, 1:34 PM EST) -- TAMPA, Fla. — A federal judge in Florida on Nov. 4 ruled that lead plaintiffs in a securities class action against a developer and distributor of short-term “medical discount plans” and two of its senior executives have sufficiently pleaded an actionable misstatement or omission and scienter in making their federal securities law claims (Julian Keippel v. Health Insurance Innovations Inc., et al., No. 19-421, M.D. Fla., 2019 U.S. Dist. LEXIS 191123)....