US EditionSLQT Investors Have Opportunity to Lead SelectQuote, Inc. Securities Fraud Lawsuit
The lawsuit alleges SelectQuote received tens of millions in illegal kickbacks from insurers and misled investors by falsely claiming unbiased Medicare plan comparisons.
- Rosen Law Firm notifies purchasers of SelectQuote, Inc. securities that the deadline to file a motion to be appointed lead plaintiff in the related class action lawsuit is October 10, 2025.
- The lawsuit arises from allegations that SelectQuote received illegal kickbacks from insurers between 2016 and 2021 to steer Medicare beneficiaries to plans paying them the most.
- The complaint alleges SelectQuote misled investors by failing to disclose it directed beneficiaries based on compensation instead of plan quality, causing the stock to fall after DOJ's May 1, 2025, complaint.
- Following the allegations, SelectQuote’s shares declined by $0.61, a drop of 19.2%, ending the trading day at $2.56 on May 1, 2025, with trading volume significantly higher than usual.
- Individuals who acquired SelectQuote shares at any time from early September 2020 through the beginning of May 2025 may be eligible to pursue compensation and submit lead plaintiff nominations by the deadline of October 10, 2025.
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Total News Sources60
Leaning Left6Leaning Right7Center16Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 21%
C 55%
R 24%
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