SelectQuote(US:SLQT) Globenewswireยท2025-09-08 14:27Core Viewpoint - SelectQuote, Inc. is facing a securities fraud class action lawsuit alleging violations of the Securities Exchange Act of 1934 due to misrepresentations about its business practices [4]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased SelectQuote securities between September 9, 2020, and May 1, 2025 [4]. - The allegations include that the Company and certain senior officers made misrepresentations regarding the legality of its business practices [4]. Group 2: Legal Participation - Investors wishing to serve as lead plaintiff must file papers by October 10, 2025, with the role involving acting on behalf of other class members [5]. - Participation as a lead plaintiff is not required to share in any potential recovery, and shareholders incur no fees or expenses as representation is on a contingency fee basis [5]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented large public and private pension funds [6]. - The firm has been recognized multiple times in The National Law Journal's "Plaintiffs' Hot List" and has been listed in The Legal 500 for sixteen consecutive years [6].