Berman Tabacco Announces Investigation of SelectQuote, Inc. (NYSE:SLQT)

Core Points - Berman Tabacco is investigating potential stockholder claims against SelectQuote, Inc. regarding allegations of illegal payments from health insurance providers [1] - Allegations suggest that SelectQuote received illegal payments exceeding 80 million dollars from Humana and Aetna between 2016 and 2021 to direct customers towards their Medicare offerings [2] - The investigation will examine the involvement of SelectQuote's board of directors and whether there were breaches of fiduciary duties by its officers and/or directors [3] Investigation Details - The allegations were unsealed in May 2025 after the U.S. Attorney's Office for the District of Massachusetts intervened, joining claims initially raised by a whistleblower [2] - Following the filing of the Department of Justice's complaint, SelectQuote's shares declined approximately 20% [2]