Since Inovalon Holdings Inc. held its initial public offering a year ago, raising $640 million, its stock price has plummeted nearly 50 percent.
Not exactly great news for the Bowie company and its shareholders — but wonderful news for attorneys who target publicly traded companies for potential cases of securities fraud.
At least four law firms have issued releases since the beginning of February saying they are investigating whether Inovalon officers and directors "violated federal securities…Since Inovalon Holdings Inc. held its initial public offering a year ago, raising $640 million, its stock price has plummeted nearly 50 percent.
Not exactly great news for the Bowie company and its shareholders — but wonderful news for attorneys who target publicly traded companies for potential cases of securities fraud.
At least four law firms have issued releases since the beginning of February saying they are investigating whether Inovalon officers and directors "violated federal securities…