NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky, LLP announces that it has commenced an investigation of Inovalon Holdings, Inc. (“Inovalon” or the “Company”) (NASDAQ:INOV) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
On December 12, 2016, Inovalon revealed that it was unable to close a $40 million transaction, and as a result it revised its 2016 guidance to $426 million in revenue. Following this news, shares of Inovalon fell more than 35% to close at $9.60 per share. To obtain additional information about the investigation, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.