Pomerantz Law Firm Seeks Investors in Class Action Against SelectQuote, Inc. for Alleged Securities Fraud

Investor Alert: Pomerantz Law Firm Targets SelectQuote, Inc.

Pomerantz LLP, a leading firm in corporate litigation, has recently announced the launch of a class action lawsuit against SelectQuote, Inc. (NYSE: SLQT). This legal action highlights significant allegations of securities fraud and raises questions regarding the company’s business practices. Investors who have suffered losses are strongly encouraged to come forward and seek information on how they can participate in the lawsuit.

On May 1, 2025, the U.S. Department of Justice (DOJ) filed a complaint related to SelectQuote, claiming that from 2016 to 2021, the company accepted illegal kickbacks from health insurance companies. These kickbacks were reportedly in exchange for steering Medicare beneficiaries towards insurers that paid SelectQuote the most money. The DOJ's allegations state that SelectQuote falsely represented itself as a provider of unbiased coverage comparisons, while instead prioritizing profits over the quality and suitability of the plans offered to clients.

In light of these claims, SelectQuote's stock saw a significant drop, declining by 19.24% to close at $2.56 per share on the day the allegations were made public. This decline poses an urgent concern for investors who witnessed losses amidst these tumultuous events.

Investors who acquired SelectQuote securities during this period have until October 10, 2025, to express their desire to act as Lead Plaintiff in the case. Interested parties can reach out to Danielle Peyton of Pomerantz LLP via email at [email protected] or by calling 646-581-9980, extension 7980. Individuals who prefer email correspondence are encouraged to provide their mailing address and phone number alongside details about their investment in SelectQuote.

The allegations against SelectQuote are severe, suggesting a gross misrepresentation of the company's business ethics and its treatment of Medicare beneficiaries, which has led to a loss of trust among investors and consumers alike. Pomerantz LLP has built a strong reputation over its 85-year history for fighting for the rights of investors and securing significant settlements in favor of class members affected by corporate misconduct. It is now refreshing the focus on SelectQuote as they endeavor to bring justice to their clients.

As the legal proceedings unfold, it is crucial for investors impacted by these developments to stay informed and engaged. Investors should not hesitate to contact Pomerantz LLP for assistance or further information on participation in this class action lawsuit against SelectQuote, Inc.

For more detailed information regarding the complaint and how to join the class action, please visit pomerantzlaw.com.

Pomerantz LLP is dedicated to eradicating corporate wrongdoing and defending the interests of shareholders. The firm’s long-standing history as a pioneer in the realm of securities class actions underlines its capacity to handle such significant legal challenges effectively. As the situation continues to evolve, the involvement of aggrieved investors will be vital in shaping the outcome of this case.

In conclusion, the ongoing events around SelectQuote, Inc. serve as a critical reminder of the importance of transparent business practices and ethical conduct in the corporate world. Investors must remain vigilant and proactive in safeguarding their rights amidst allegations of corporate malpractice.