Rosen Law Firm Investigates SelectQuote, Inc. for Potential Securities Fraud and Class Action Opportunity

Rosen Law Firm Investigates SelectQuote, Inc. for Potential Securities Fraud

The Rosen Law Firm, an esteemed global law firm specializing in investor rights, is actively pursuing a class action investigation concerning SelectQuote, Inc., a company listed on the NYSE under the symbol SLQT. This inquiry has been prompted by allegations that SelectQuote may have disseminated misleading business information to the public, potentially impacting the company's share value and investor interests.

In recent developments, the United States Department of Justice (DOJ) announced a False Claims Act complaint against SelectQuote, which alleges severe misconduct. This complaint indicated that between 2016 and 2021, the defendant insurers, including SelectQuote, engaged in illegal kickback schemes. The accusations claimed that these insurers funneled hundreds of millions of dollars to brokers in exchange for enrollments into their Medicare Advantage plans, thus raising substantial concerns about their operational integrity.

This news had an immediate and dramatic effect on SelectQuote’s stock, which plummeted by 19.2% on May 1, 2025, following the DOJ's announcement. Investors who purchased SelectQuote securities during this period might be eligible for compensation through participation in a class action lawsuit, without incurring any upfront fees or expenses, thanks to a contingency fee arrangement offered by the Rosen Law Firm.

What Should Affected Investors Do?

Affected shareholders are encouraged to assess their positions and consider joining the class action. Interested parties can visit the Rosen Law Firm's website at rosenlegal.com or contact Phillip Kim, Esq. via toll-free number 866-767-3653 for further information on standing in the lawsuit. Alternatively, inquiries can be directed via email at [email protected].

The firm emphasizes the importance of selecting qualified counsel with proven expertise in securities class actions. Notably, many firms that send out notices do not have comparable experience or resources, which can significantly impact the outcome of such cases. It’s crucial for investors to choose representation that has a record of success in similar litigation.

Background on Rosen Law Firm

The Rosen Law Firm has built a solid reputation for representing investors globally. It focuses primarily on securities class actions and shareholder derivative litigation, representing clients with integrity and diligence. The firm notably secured the largest securities class action settlement against a Chinese company at the time, highlighting its capability in handling complex legal challenges. Furthermore, it has consistently ranked among the top firms for the number of settlements achieved in securities class actions, collecting hundreds of millions of dollars on behalf of investors over the years.

In the 2019 fiscal year alone, the firm was instrumental in recovering approximately $438 million for its clients. Founding partner Laurence Rosen has even been recognized as a Titan of Plaintiffs' Bar by Law360, underscoring the firm’s competence in advocating for shareholder rights. Many of its attorneys have received accolades from prominent legal publications, further solidifying their standing in the legal community.

For ongoing updates regarding the SelectQuote investigation and other related news, investors are encouraged to connect with the Rosen Law Firm through their official social media channels on LinkedIn, Twitter, and Facebook.

Overall, the developments concerning SelectQuote, Inc. mark a critical juncture for investors, necessitating prompt action to protect their interests amidst the unfolding situation. Investors are urged to stay informed and proactive, working closely with legal experts to explore their options regarding participation in the class action.

Note: This article is for informational purposes only and should not be considered as legal advice. Attorney advertising ensures that prior results do not guarantee a similar outcome.