SLQT Shareholders Have Opportunity to Lead SelectQuote, Inc. Class Action Lawsuit – Contact Bronstein, Gewirtz and Grossman, LLC Today!
Summary
Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against SelectQuote, Inc. (NYSE:SLQT) and its officers, seeking to recover damages for investors who purchased SelectQuote securities between September 9, 2020, and May 1, 2025. The lawsuit alleges that SelectQuote misled investors by prioritizing insurer compensation over the quality or suitability of plans offered to Medicare beneficiaries, receiving illegal kickbacks, and failing to comply with relevant laws and regulations. These actions allegedly exposed SelectQuote to regulatory and legal sanctions, including potential violations of the False Claims Act. Following this news, SelectQuote’s stock price fell significantly on May 1, 2025. Investors who suffered losses are encouraged to join the case and have until October 10, 2025, to request appointment as lead plaintiff. The firm represents investors on a contingency fee basis, meaning costs are only recovered if the case is successful.
(Source:FOX 8 News)