Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of SelectQuote, Inc. in light of a federal securities lawsuit alleging misrepresentation and failure to disclose critical information regarding the company's practices related to Medicare beneficiaries [1][2]. Group 1: Allegations Against SelectQuote - The lawsuit claims that SelectQuote directed Medicare beneficiaries to plans that compensated the company best, regardless of the quality of those plans [2]. - It is alleged that SelectQuote did not provide unbiased comparisons for Medicare Advantage insurance plans [2]. - The company is accused of receiving illegal kickbacks to steer beneficiaries towards certain insurers while limiting enrollment in competitors' plans [2]. - SelectQuote is said to have failed to comply with applicable laws and regulations, making it vulnerable to regulatory and legal sanctions, including potential violations of the False Claims Act [2]. - Positive statements made by SelectQuote regarding its business and operations are claimed to be materially misleading and lacking a reasonable basis due to the aforementioned issues [2]. Group 2: Shareholder Actions - Shareholders who purchased SLQT before September 9, 2020, are encouraged to contact Kuehn Law, which covers all case costs and does not charge its clients [3]. - The firm emphasizes the importance of shareholder participation in maintaining the integrity and fairness of financial markets [4].
Kuehn Law Encourages Investors of SelectQuote, Inc. to Contact Law Firm