Workflow
SelectQuote Shareholder Alert: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against SelectQuote, Inc. - SLQT
SelectQuoteSelectQuote(US:SLQT) Prnewswireยท2025-10-04 02:31

Group 1 - The core point of the news is that SelectQuote, Inc. is facing a securities class action lawsuit for failing to disclose material information during the class period from September 9, 2020, to May 1, 2025, with a deadline for lead plaintiff applications set for October 10, 2025 [1][3] - The U.S. Department of Justice filed a complaint against SelectQuote on May 1, 2025, alleging that the company received "tens of millions of dollars" in illegal kickbacks from health insurance companies from 2016 to at least 2021, which led to a significant drop in the company's stock price by 19.2% to $2.56 per share on the same day [4] - ClaimsFiler is a service that assists retail investors in recovering funds from securities class action settlements, providing resources for investors to register, upload transactional data, and seek legal evaluations [5][6] Group 2 - The lawsuit against SelectQuote includes allegations of conspiracy with major insurers to discriminate against less profitable Medicare beneficiaries and making materially false claims regarding unbiased coverage comparisons [4] - Investors affected by the lawsuit are encouraged to visit ClaimsFiler's website or contact the law firm Kahn Swick & Foti, LLC for legal assistance [2]