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SELECTQUOTE URGENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Urgently Reminds SelectQuote Investors to Contact the Firm Before the October 10th Deadline

Core Viewpoint - A class action lawsuit has been filed against SelectQuote, Inc. for allegedly receiving illegal kickbacks from health insurance companies and misleading investors about its business practices [6]. Allegation Details - The U.S. Department of Justice filed a complaint against SelectQuote, alleging that from 2016 to at least 2021, the company received "tens of millions of dollars" in illegal kickbacks for steering Medicare beneficiaries to specific insurance plans [6]. - The lawsuit claims that SelectQuote made materially false statements regarding its services, asserting it provided unbiased coverage comparisons while actually directing beneficiaries to the most profitable plans for the company [6]. - Specific allegations include failure to disclose that SelectQuote did not provide unbiased comparisons, received illegal kickbacks, and was vulnerable to regulatory sanctions [6]. Stock Impact - Following the DOJ's announcement, SelectQuote's stock price dropped by $0.61, or 19.2%, closing at $2.56 per share on May 1, 2025, with unusually high trading volume [6]. Next Steps - Investors who purchased SelectQuote shares between September 9, 2020, and May 1, 2025, and suffered losses are encouraged to contact the law firm for more information and to discuss their legal rights [4][6]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is October 10, 2025 [6].