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Xiang v. Inovalon Holdings, Inc. et al
Case Number:
1:16-cv-04923
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Bank of America Corp.
- Citigroup Inc.
- Inovalon Holdings Inc.
- Morgan Stanley
- Robert W. Baird & Co. Inc.
- The Goldman Sachs Group Inc.
- Wells Fargo & Co.
- William Blair & Co. LLC
Sectors & Industries:
-
March 07, 2019
Inovalon, Investors Strike $17M Settlement In IPO Dispute
A class of Inovalon Holdings Inc. investors told a New York federal court on Wednesday that they have struck a $17 million deal with the technology company that resolves allegations they were misled ahead of its approximately $684 million initial public offering.
-
September 19, 2018
Inovalon Investor Class Certified In Suit Over IPO
A New York federal court on Tuesday granted certification to a class of Inovalon Holdings Inc. investors that allege the technology company filed a prospectus ahead of its initial public offering that misled investors regarding the company's revenue stream, while also dismissing some claims on the grounds that the shares were not purchased during the offering.