Important Class Action Lawsuit Filed Against SelectQuote: Investors May Be Eligible for Compensation
Class Action Lawsuit Against SelectQuote, Inc.
Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued an urgent reminder for investors who suffered losses exceeding $100,000 in SelectQuote, Inc. (NYSE: SLQT). Investors have until October 10, 2025, to apply for lead plaintiff status in a class action lawsuit currently pending in the United States District Court for the Southern District of New York.
Context of the Lawsuit
The lawsuit pertains to allegations against SelectQuote and certain executives for failing to disclose crucial information during the class period, which spans from September 9, 2020, to May 1, 2025. These omissions are considered violations of federal securities laws, which regulate the market's transparency and protect investors from fraudulent activities.
On May 1, 2025, significant developments occurred when the U.S. Department of Justice (DOJ) filed a complaint under the False Claims Act. The complaint accused SelectQuote of receiving