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INVESTOR ALERT: Investigation of SelectQuote, Inc. (SLQT) Announced by Holzer & Holzer, LLC
SelectQuoteSelectQuote(US:SLQT) GlobeNewswire News Roomยท2025-05-06 17:42

Core Points - Holzer & Holzer, LLC is investigating SelectQuote, Inc. for potential violations of federal securities laws related to a False Claims Act complaint filed by the Department of Justice [1] - The complaint alleges that SelectQuote received millions in kickbacks from Humana over six years, contingent upon specific Medicare Advantage enrollment targets and maintaining a dedicated sales force for Humana policies [1] - Following the announcement of the investigation, SelectQuote's stock price experienced a decline [1] Company Overview - SelectQuote, Inc. is publicly traded on the NYSE under the ticker SLQT [1] - The company has been implicated in a legal issue concerning its business practices and relationships with Humana [1] Legal Context - The Department of Justice's complaint highlights serious allegations of corporate misconduct involving kickbacks and improper business practices [1] - Holzer & Holzer, LLC is a law firm specializing in securities litigation, representing shareholders and investors in cases of corporate fraud [3]