#None #Inc. #Securities Fraud #Howard G. Smith #SelectQuote

Opportunities for Shareholders of SelectQuote, Inc. in a Class Action Lawsuit

In a significant development for shareholders of SelectQuote, Inc. (NYSE: SLQT), the Law Offices of Howard G. Smith have announced a chance for investors who have incurred substantial losses to take a lead role in an ongoing securities fraud class action lawsuit against the company. With a lead plaintiff deadline approaching on October 10, 2025, affected investors are encouraged to reach out to seek participation in this legal endeavor.

The Allegations Unfolded

The legal complaint outlines several allegations that could drastically impact the standing of SelectQuote. Specifically, the lawsuit contends that between September 9, 2020, and May 1, 2025, SelectQuote engaged in deceptive practices that misled investors regarding the company’s operations and ethical standards. The notable claims include:

1. Improper Steering of Medicare Beneficiaries: It is alleged that SelectQuote directed Medicare beneficiaries to insurance plans based primarily on what would most benefit SelectQuote financially, rather than the needs or best interests of those beneficiaries.
2. Lack of Unbiased Comparison Shopping: The lawsuit asserts that the company failed to offer transparent and unbiased options when comparing Medicare Advantage insurance plans, further questioning the integrity of their services.
3. Illegal Kickbacks: SelectQuote is accused of receiving illicit kickbacks for steering clients towards specific insurers, thereby limiting patient access to potential competitors.
4. Regulatory Violations: The complaint highlights significant non-compliance with laws and regulations governing health insurance practices, including alleged violations of the False Claims Act due to misleading statements made to investors.
5. Misleading Positive Statements: As a result of the alleged misconduct, the lawsuit claims that statements made by the company regarding its business operations were misleading and lacked a reasonable basis. This could have inflated the perceived health of the business, leading to unwarranted confidence among investors.

Call for Participation

For investors interested in participating or seeking more information about the class action lawsuit, the Law Offices of Howard G. Smith have provided several channels for inquiry:

• - Email: [email protected]
• - Phone: (215) 638-4847
• - Website: www.howardsmithlaw.com

To become part of the class action, no immediate action is required; investors may choose to find their own legal counsel or remain passive participants in the lawsuit.

Conclusion

As this situation evolves, it remains crucial for shareholders of SelectQuote to stay informed and proactive. The opportunity to lead in this class action not only provides a platform for investors to seek justice but also highlights broader issues concerning corporate integrity and transparency in the medical insurance industry. For any impacted shareholders, this could be a pivotal moment to assert their rights and seek reparations for their losses as the lawsuit advances. Keep an eye on deadlines and act swiftly to ensure your voice is heard in this significant legal battle.