Law Firm Rosen Encourages SelectQuote Investors to Join Class Action Investigation

Rosen Law Firm Calls for Action from SelectQuote Investors

In a significant move for shareholders of SelectQuote, Inc. (NYSE: SLQT), the Rosen Law Firm, a prominent global law firm specializing in investor rights, has announced an in-depth investigation into potential securities claims. This comes on the heels of allegations that SelectQuote has provided materially misleading information to investors. As a shareholder, if you acquired SelectQuote securities, you may have the right to compensation without incurring any out-of-pocket expenses due to a contingency fee arrangement.

The Context Behind the Investigation

On May 1, 2025, the United States Department of Justice made a shocking announcement, detailing a False Claims Act complaint against three national health insurance firms, including SelectQuote. The allegations involved unlawful kickbacks and discriminatory practices against disabled Americans. The Department reported that SelectQuote, between 2016 and 2021, had been implicated in facilitating payments of hundreds of millions of dollars in illegal kickbacks to brokers for enrolling patients into Medicare Advantage plans.

As a direct consequence of this revelation, SelectQuote's stock price plummeted by 19.2% on the same day. Investors are now seeking clarity and accountability over these serious charges, and the Rosen Law Firm's investigation aims to uncover the full truth, providing shareholders with a platform for potential recovery of their losses.

Next Steps for Potential Claimants

Investors who believe they have been adversely affected by these developments are encouraged to take action. To participate in the prospective class action, visit Rosen Law Firm's submission page or contact Phillip Kim, Esq. at 866-767-3653 for further details. Engaging with experienced legal counsel is crucial, especially in the wake of such significant allegations.

Why Choose Rosen Law Firm?

Rosen Law Firm emphasizes the importance of having seasoned attorneys adept in handling securities class actions. Many firms may lack the necessary expertise, and selecting the right counsel can make all the difference in achieving favorable outcomes. Rosen Law Firm prides itself on a history of success, boasting the largest securities class action settlement against a Chinese company at the time and consistently ranking among the top firms for settlements for over a decade. In 2019 alone, the firm recovered over $438 million for investors.

Founding partner Laurence Rosen has garnered recognition within the legal community, being named one of the TITANS of the Plaintiffs’ Bar by Law360 in 2020. This underscores the firm’s dedication to investor rights and commitment to recovery.

Stay Informed

As developments arise, investors are advised to stay connected with Rosen Law Firm for updates on their case and other relevant information through their social media profiles. Follow them on LinkedIn, Twitter, and Facebook for the latest updates.

In conclusion, if you are a SelectQuote investor, you may be entitled to recover losses incurred as a result of this troubling situation. Take the steps to protect your rights and potentially secure compensation by reaching out to qualified legal counsel today.