SelectQuote, Inc. Securities Fraud Lawsuit: Investors Urged to Act by Deadline

SelectQuote, Inc. Securities Fraud Lawsuit Alert



The Rosen Law Firm, renowned for advocating for investor rights, has issued a reminder to individuals who purchased securities of SelectQuote, Inc. (NYSE: SLQT) between September 9, 2020, and May 1, 2025. These dates define the Class Period for potential claimants. Investors are encouraged to take note of the significant deadline of October 10, 2025 for leading plaintiff motions.

In simple terms, if you are among those who acquired SelectQuote securities during the specified Class Period, you may be eligible for compensation. This compensation is available through a contingency fee arrangement, meaning you might not have to pay any upfront costs or legal fees.

Next Steps for Interested Investors



To get involved in the SelectQuote class action lawsuit, interested parties can visit the Rosen Law Firm's dedicated link here. Alternatively, investors can directly reach Phillip Kim, Esq., toll-free at 866-767-3653 or via email at [email protected] For those aspiring to serve as the lead plaintiff, it's important to file a motion with the Court no later than October 10, 2025. The lead plaintiff plays a critical role in representing all class members throughout the lawsuit.

Why Choose Rosen Law Firm?



When it comes to legal counsel, the Rosen Law Firm advocates for choosing experienced attorneys known for their successful track record in handling securities class actions. Many firms providing such notices may lack the necessary experience or resources, serving merely as referral agencies rather than actual litigators. The Rosen Law Firm has built its reputation by representing investors globally, achieving substantial settlements in notable cases, including a record settlement against a Chinese company.

In 2019 alone, the firm secured over $438 million for its clients and has consistently been recognized among the top firms by ISS Securities Class Action Services, particularly for its successful settlements since 2013.

Details About the Case



The class action lawsuit alleges that throughout the Class Period, select defendants issued false and misleading statements, or omitted critical information. Some key allegations include:

1. Misleading Insurance Direction: SelectQuote allegedly directed Medicare beneficiaries towards insurers that compensated the company more favorably, irrespective of the plans' quality.
2. Lack of Unbiased Comparisons: The company reportedly failed to provide unbiased shopping options for Medicare Advantage insurance.
3. Illegal Kickbacks: There are claims SelectQuote received unlawful compensation to steer beneficiaries toward specific insurers while limiting choices in competitors' plans.
4. Legal Vulnerabilities: Due to these actions, SelectQuote was exposed to regulatory and legal risks, including accusations of violating the False Claims Act.
5. Misleading Public Statements: As a result of the alleged actions and findings, any positive statements made by the defendants regarding SelectQuote's business status were deemed misleading.

The lawsuit claims that when the reality of these allegations became public, investors faced significant financial harm.

Taking Action



For investors seeking to join the SelectQuote class action lawsuit, immediate action is necessary before the class is certified. Until then, individuals are not officially represented unless they secure legal counsel independently. Investors can still remain class members while deciding not to take any immediate action.

If you are interested, follow the updates from the Rosen Law Firm through their social media channels for continued information about the proceedings and resources available to potential claimants.

For further inquiries, investors are encouraged to contact:

  • - Laurence Rosen, Esq.
  • - Phillip Kim, Esq.
  • - The Rosen Law Firm, P.A.
  • - 275 Madison Avenue, 40th Floor, New York, NY 10016
  • - Tel: (212) 686-1060
  • - Toll-Free: (866) 767-3653
  • - Fax: (212) 202-3827
  • - Email: [email protected]

Conclusion



As the October 10 deadline approaches, timely action for affected investors could be valuable in ensuring they receive the benefits to which they may be entitled under the law. Don't miss the opportunity to make your voice heard in this significant class action case against SelectQuote, Inc.

Topics Financial Services & Investing)

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