SelectQuote(US:SLQT) Globenewswire·2025-11-24 21:28Core Viewpoint - Berman Tabacco is investigating potential stockholder claims against SelectQuote, Inc. regarding allegations of illegal payments received from health insurance providers [1][2]. Investigation Details - Allegations against SelectQuote were unsealed in May 2025, involving claims that the company received illegal payments totaling over 80 million dollars from Humana and Aetna between 2016 and 2021 [2]. - The complaint suggests that SelectQuote was incentivized to direct customers towards Medicare offerings from these insurance carriers [2]. - It is alleged that senior officers of SelectQuote were personally involved in this scheme, leading to a significant decline of approximately 20% in SelectQuote's shares following the Department of Justice's complaint [2]. Board and Fiduciary Duties - Berman Tabacco is examining whether SelectQuote's board of directors played a role in the alleged scheme and if there were breaches of fiduciary duties by its officers and/or directors [3].