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Portnoy Law Firm Announces Class Action on Behalf of SelectQuote, Inc. Investors
Globenewswire· 2025-09-30 19:32
Core Viewpoint - SelectQuote, Inc. is facing a class action lawsuit due to allegations of receiving illegal kickbacks from health insurance companies, which has led to a significant drop in its stock price [3]. Group 1: Legal Issues - The U.S. Department of Justice filed a False Claims Act complaint against SelectQuote, alleging that from 2016 to at least 2021, the company received "tens of millions of dollars" in illegal kickbacks [3]. - The complaint states that SelectQuote conspired with major insurers to discriminate against less profitable beneficiaries, including those with disabilities [3]. - SelectQuote's claims of providing "unbiased coverage comparisons" were deemed materially false, as the company directed Medicare beneficiaries to plans that paid them the most money [3]. Group 2: Financial Impact - Following the DOJ's announcement, SelectQuote's stock price fell by $0.61 per share, representing a 19.24% decrease, closing at $2.56 per share on May 1, 2025 [3]. Group 3: Investor Actions - The Portnoy Law Firm is advising investors who purchased SelectQuote securities between September 9, 2020, and May 1, 2025, to file a lead plaintiff motion by October 10, 2025 [1]. - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss options for pursuing claims [2].
SLQT 10-DAY DEADLINE ALERT: SelectQuote (SLQT) Faces Investor Lawsuit After DOJ Steps into Medicare Sales Probe – Hagens Berman
Businesswire· 2025-09-30 14:44
SAN FRANCISCO--(BUSINESS WIRE)--SelectQuote Inc. (NYSE: SLQT), a digital insurance platform known for selling Medicare Advantage plans, is facing heightened legal scrutiny after the U.S. Department of Justice (DOJ) intervened in a whistleblower lawsuit alleging deceptive sales practices. The federal action triggered a sharp 19% drop in SelectQuote's share price on May 1, 2025, and has now led to a securities class-action lawsuit filed on behalf of investors. The suit, Pahlkotter v. SelectQuote. ...
SELECTQUOTE DEADLINE ALERT: Bragar Eagel & Squire, P.C. Urges SelectQuote Investors to Contact the Firm Before the October 10th Deadline
Globenewswire· 2025-09-29 21:28
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In SelectQuote (SLQT) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in SelectQuote between September 9, 2020 and May 1, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- What’s Happe ...
SelectQuote, Inc. Sued for Securities Law Violations – Contact the DJS Law Group to Discuss Your Rights – SLQT
Businesswire· 2025-09-29 15:04
LOS ANGELES--(BUSINESS WIRE)--SelectQuote, Inc. Sued for Securities Law Violations – Contact the DJS Law Group to Discuss Your Rights – SLQT. ...
SELECTQUOTE, INC. (NYSE: SLQT) DEADLINE ALERT Bernstein Liebhard LLP Reminds SelectQuote, Inc. Investors of Upcoming Deadline
Globenewswire· 2025-09-29 13:19
NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of SelectQuote, Inc. (NYSE: SLQT)?Did you purchase your shares between September 9, 2020 and May 1, 2025, inclusive?Did you lose money in your investment in SelectQuote, Inc.?Do you want to discuss your rights? Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT) investors of an upcoming deadline involving a securities ...
SLQT DEADLINE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages SelectQuote, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – SLQT
Globenewswire· 2025-09-28 22:00
Core Viewpoint - Rosen Law Firm is reminding investors who purchased SelectQuote, Inc. securities between September 9, 2020, and May 1, 2025, of the upcoming lead plaintiff deadline on October 10, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased SelectQuote securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. Group 2: Allegations Against SelectQuote - The lawsuit alleges that SelectQuote made false and misleading statements, including directing Medicare beneficiaries to plans that compensated SelectQuote rather than providing unbiased comparisons [4]. - It is claimed that SelectQuote received illegal kickbacks to steer Medicare beneficiaries to certain insurers, which resulted in non-compliance with applicable laws and regulations [4]. - The lawsuit asserts that the misleading statements about SelectQuote's business operations led to investor damages when the true details became public [4].
SLQT Deadline: SLQT Investors Have Opportunity to Lead SelectQuote, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-09-27 21:00
Core Viewpoint - Rosen Law Firm is reminding investors who purchased SelectQuote, Inc. securities between September 9, 2020, and May 1, 2025, of the upcoming lead plaintiff deadline on October 10, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased SelectQuote securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The lead plaintiff must file a motion with the court by October 10, 2025, to represent other class members in the litigation [3]. Group 2: Allegations Against SelectQuote - The lawsuit alleges that SelectQuote made false and misleading statements and failed to disclose critical information, including directing Medicare beneficiaries to plans that compensated SelectQuote rather than providing unbiased comparisons [5]. - It is claimed that SelectQuote received illegal kickbacks to steer Medicare beneficiaries to certain insurers, which resulted in non-compliance with laws and regulations [5]. - The lawsuit asserts that the misleading statements about SelectQuote's business operations led to investor damages when the true details became public [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant settlements for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and recovering over $438 million for investors in 2019 [4].
SLQT DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages SelectQuote, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – SLQT
Globenewswire· 2025-09-25 21:42
Core Viewpoint - Rosen Law Firm is reminding investors who purchased SelectQuote, Inc. securities between September 9, 2020, and May 1, 2025, of the October 10, 2025, deadline to become lead plaintiffs in a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased SelectQuote securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by October 10, 2025, to serve as lead plaintiff [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Allegations Against SelectQuote - The lawsuit alleges that SelectQuote made false and misleading statements, including directing Medicare beneficiaries to plans that compensated SelectQuote rather than providing unbiased comparisons [4] - It is claimed that SelectQuote received illegal kickbacks to steer Medicare beneficiaries to certain insurers, which resulted in non-compliance with laws and regulations [4] - The lawsuit asserts that the misleading statements about SelectQuote's business led to investor damages when the true details became public [4]
Deadline Alert: SelectQuote, Inc. (SLQT) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-09-25 17:22
LOS ANGELES, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming October 10, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT) securities between September 9, 2020 and May 1, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR SELECTQUOTE INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAI ...
SelectQuote, Inc. Stockholders Who Suffered Losses Should Contact Robbins LLP for Information About Leading the Class Action Against SLQT
Prnewswire· 2025-09-25 00:47
Core Viewpoint - A class action lawsuit has been filed against SelectQuote, Inc. for allegedly violating the False Claims Act by directing Medicare beneficiaries to insurers that compensated the company the most, rather than providing unbiased comparisons of insurance plans [2][3]. Group 1: Allegations Against SelectQuote - The complaint alleges that SelectQuote failed to disclose that it directed Medicare beneficiaries to plans based on compensation rather than quality [2]. - It is claimed that SelectQuote did not provide unbiased comparison shopping for Medicare Advantage plans and received illegal kickbacks from insurers [2]. - The U.S. Department of Justice filed a complaint stating that SelectQuote received "tens of millions of dollars" in illegal kickbacks from 2016 to at least 2021 [3]. Group 2: Impact on Stock Price - Following the DOJ's allegations, SelectQuote's stock price fell by $0.61, or 19.2%, closing at $2.56 per share on May 1, 2025 [3]. Group 3: Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must file their papers by October 10, 2025 [4]. - Shareholders can remain absent class members and still be eligible for recovery without participating in the case [4]. Group 4: Company Background - Robbins LLP is a law firm recognized for its work in shareholder rights litigation, helping shareholders recover losses and improve corporate governance since 2002 [5].