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Robbins Arroyo LLP Is Investigating the Officers and Directors of Inovalon Holdings, Inc. (INOV) on Behalf of Shareholders

Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Inovalon Holdings, Inc. (NASDAQGS: INOV) violated federal securities laws by issuing materially misleading business information to the investing public. Inovalon is a technology company that provides advanced cloud-based data analytics and data-driven intervention platforms to the healthcare industry in the United States.

View this press release on the law firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/inovalon-holdings-inc

Inovalon Stock Declines After Disclosing News of Poor Earnings

On February 12, 2015, Inovalon held its initial public offering ("IPO"), selling 22.2 million shares and raising approximately $600 million in capital. Then, on August 5, 2015, the company announced its second quarter financial and operating results, disclosing that its earnings had been negatively affected by a higher effective income tax rate, among other factors. On this news, Inovalon stock fell $5.87 per share, or 23.1%, to close at $19.53 per share on August 6, 2015. Since the IPO, Inovalon’s stock has fallen from a first day-trading high of $33.75 per share to close at $17.39 per share on February 2, 2016, a drop of nearly 48.5%.

Inovalon Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.

Contacts:

Robbins Arroyo LLP
Darnell R. Donahue
(619) 525-3990 or Toll Free (800) 350-6003
DDonahue@robbinsarroyo.com
www.robbinsarroyo.com

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