#USA #New York #Rosen Law Firm #Securities Class Action #SelectQuote

Investigation of SelectQuote, Inc. by Rosen Law Firm

The Rosen Law Firm, a prominent global investor rights law firm, has announced an investigation into potential securities claims concerning SelectQuote, Inc. (NYSE: SLQT) shareholders. This investigation is spurred by allegations that SelectQuote may have provided materially misleading information to the public about its business. Following a significant announcement from the United States Department of Justice (DOJ) on May 1, 2025, the firm has urged investors who purchased SelectQuote securities to participate in a possible class action seeking recovery for their losses, potentially without incurring out-of-pocket expenses through a contingency fee arrangement.

Background on the Allegations

According to the DOJ's announcement, SelectQuote is alleged to have engaged in wrongful activities between 2016 and 2021, where the company reportedly helped facilitate illegal kickbacks from national health insurers to brokers. These unethical practices were aimed at promoting enrollments in the insurers' Medicare Advantage plans. The news had a dramatic impact on the company's stock, leading to a significant 19.2% decrease in its share price on the announcement date alone. This drastic loss heightens the necessity for investors to act swiftly to protect their interests and potential claims.

How Can Investors Seek Compensation?

For individuals invested in SelectQuote, the Rosen Law Firm is encouraging them to step forward to be part of the class action. Interested investors can easily join the class action by visiting their website or directly reaching out via phone or email for detailed assistance. The firm promises to advocate for investors while providing legal representation to recover their losses resulting from these allegations against SelectQuote.

Why Choose the Rosen Law Firm?

The Rosen Law Firm possesses a solid track record in the field, recognized as a leader in securities class actions and shareholder derivative litigation. The firm has successfully managed to recover hundreds of millions in investor compensation, achieving substantial settlements over the years. Their expertise and successful history position them as a reliable choice for those navigating the complexities of securities fraud claims. In 2019, the firm secured over $438 million for its clientele, and in 2020, the founding partner Laurence Rosen was recognized as a leading figure in the plaintiffs' bar.

With a consistent presence in top rankings for securities class action settlements since 2013, the firm has proven its capabilities. They encourage investors to select highly qualified counsel to ensure a robust defense of their positions and interests in the wake of these allegations.

Next Steps for Investors

For affected shareholders, this investigation prompt raises critical questions regarding harms suffered as a result of SelectQuote's business practices. As the Rosen Law Firm prepares to initiate a class action lawsuit, they are keen on reaching out to individuals impacted, ensuring that they have a platform to state their claims and pursue the compensation they deserve. Shareholders can stay informed about ongoing updates by following the firm on various platforms like LinkedIn, Twitter, and Facebook.

As the situation unfolds, investors are encouraged to remain vigilant, informed, and proactive about their rights and potential claims related to SelectQuote, thus safeguarding their investments moving forward.