Kahn Swick & Foti Reminds Investors of Class Action Deadline Against SelectQuote, Inc.

Important Announcement for SelectQuote Investors

Kahn Swick & Foti, LLC (KSF), a prominent securities litigation firm, is actively reaching out to investors who faced losses exceeding $100,000 in SelectQuote, Inc. (NYSE: SLQT). A significant securities class action lawsuit has been initiated against the company, and you may be eligible to act as a lead plaintiff. The deadline for applications is set for October 10, 2025.

What You Need to Know

Investors who acquired shares of SelectQuote between September 9, 2020, and May 1, 2025, are encouraged to consider their legal options. Kahn Swick & Foti urges those affected to understand their rights and the implications of this case on their potential recovery from economic losses.

If you purchased these securities during the stated period, you can reach out to KSF Managing Partner Lewis Kahn for a consultation without any obligation. He can be reached toll-free at 1-877-515-1850, or you can email honom at [email protected]. Additional information can also be found on their website at ksfcounsel.com.

The Allegations

The lawsuit accuses SelectQuote and certain executives of failing to disclose crucial information regarding the company's business practices, violating federal securities laws in the process. Notably, on May 1, 2025, the U.S. Department of Justice filed a complaint alleging that from 2016 to at least 2021, SelectQuote had received significant illegal kickbacks from health insurance providers. This was purportedly in exchange for steering Medicare beneficiaries into plans offered by those insurers, while simultaneously engaging in discriminative practices against less profitable beneficiaries, such as those with disabilities.

Further allegations claim that SelectQuote made materially false assertions regarding its services, portraying them as impartial coverage comparisons. The reality, as suggested by the DOJ, is that the company prioritized promoting plans that provided the highest monetary compensation to SelectQuote rather than those that truly met the clients' needs.

This shocking news led to a drastic decline in SelectQuote's stock value, dropping $0.61 or approximately 19.2% to $2.56 per share, amid unusually heavy trading activity on that day.

Class Action Details

The case labeled Pahlkotter v. SelectQuote, Inc., et al., No. 25-cv-06620, highlights the serious nature of the allegations against SelectQuote. Investors are reminded that immediate action is necessary to protect their rights and potentially recover their losses.

About Kahn Swick & Foti, LLC

Kahn Swick & Foti, LLC specializes in securities litigation and is helmed by former Louisiana Attorney General Charles C. Foti, Jr. The firm has established a reputation for effectively aiding clients—both institutional and retail investors—seeking compensation for losses incurred due to corporate malfeasance. Having been recognized among the top 10 plaintiff law firms by ISS Securities Class Action Services based on settlement values, KSF maintains offices across multiple states, including New York, Delaware, and California, and even has a representative office in Luxembourg.

For more insights and updates regarding this case, please visit ksfcounsel.com. Investors should act quickly to ensure their voices are heard in this vital legal matter.