Core Viewpoint - A class action lawsuit has been filed against SelectQuote, Inc. for misleading statements and illegal practices related to Medicare insurance plans during the Class Period from September 9, 2020, to May 1, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit alleges that SelectQuote directed Medicare beneficiaries to plans that compensated the company rather than providing unbiased comparisons [5]. - It claims that SelectQuote received illegal kickbacks to steer beneficiaries towards certain insurers, violating applicable laws and regulations [5]. - The lawsuit asserts that the positive statements made by SelectQuote regarding its business were materially misleading and lacked a reasonable basis [5]. Group 2: Class Action Participation - Investors who purchased SelectQuote securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by submitting a form or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by October 10, 2025, to represent the class in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions for investors [4].
ROSEN, A LEADING NATIONAL FIRM, Encourages SelectQuote, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SLQT