Inovalon Investor Class Certified In Suit Over IPO
By Darcy Reddan ( September 19, 2018, 9:29 PM EDT) -- 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....
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