Former Louisiana Attorney General Issues Shareholder Alert for Investors in SelectQuote, Inc. Amid Class Action Lawsuit

Understanding the SelectQuote Lawsuit and Your Rights

In the realm of securities fraud, few matters can draw attention like a class action lawsuit, especially when involving notable figures in law. Recently, Kahn Swick & Foti, LLC (KSF), led by Charles C. Foti, Jr., former Attorney General of Louisiana, has been actively notifying investors related to SelectQuote, Inc. (NYSE: SLQT). This alert is particularly relevant for those who experienced financial losses exceeding $100,000 due to their investments in SelectQuote between September 9, 2020, and May 1, 2025.

Important Legal Deadlines

Investors impacted by SelectQuote's stock performance need to be aware of an impending deadline. The firm emphasizes that potential lead plaintiffs must file their applications by October 10, 2025. This marks a crucial step for those wishing to take part in seeking justice and recovering losses associated with the company's alleged misconduct.

Why This Lawsuit Matters

The core of the lawsuit highlights serious allegations against SelectQuote and several of its executives. Accusations suggest that throughout the Class Period, these individuals failed to disclose critical information regarding the company's practices, ultimately breaching federal securities laws. A significant twist occurred when, on May 1, 2025, the U.S. Department of Justice (DOJ) filed a complaint under the False Claims Act stating that between 2016 and 2021, SelectQuote received considerable illegal kickbacks from health insurance companies. In exchange for these payments, the company allegedly directed vulnerable Medicare beneficiaries to specific plans that did not align with their best interests.

This situation escalated further as news spread, resulting in a striking drop in SelectQuote's share price by 19.2%, or $0.61, closing at $2.56 per share amid heavy trading. Such dramatic shifts in stock value underscore the potential ramifications of failing to disclose vital operational truths — a characteristic trait of corporate malfeasance that can leave investors with bleak choices.

The Role of Kahn Swick & Foti, LLC

Kahn Swick & Foti, LLC stands as a reputable player in securities litigation, focused on helping investors recover from losses associated with corporate fraud. Under the leadership of Foti, the firm has garnered recognition, placing among the top ten plaintiff law firms nationally based on settlement values achieved. Investors can contact KSF without any cost to discuss their legal rights, assess their case's particulars, and understand the pathways available for recovery.

Assessing Your Legal Options

For affected investors, it is imperative to engage in timely action. Whether you're contemplating your rights in this evolving legal situation or seeking to understand how to best position yourself within the judicial system, KSF encourages individuals to act swiftly by reaching out for comprehensive insights into their options. Interested parties can connect through a free consultation by calling the firm's toll-free number or visiting their dedicated website.

Conclusion

For SelectQuote investors who may have endured significant losses, the upcoming deadline presents a critical opportunity. As the case titled Pahlkotter v. SelectQuote, Inc., et al., No. 25-cv-06620 unfolds, staying informed and vigilant can mean the difference between financial recovery and continued losses. Legal recourse is indeed within reach, with Kahn Swick & Foti ready to navigate investors through these turbulent waters.