{"id":877813,"date":"2025-08-21T07:08:11","date_gmt":"2025-08-21T11:08:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-who-lost-money-in-shares-of-selectquote-inc-nyse-slqtshould-contact-wolf-haldenstein-immediately\/"},"modified":"2025-08-21T07:08:11","modified_gmt":"2025-08-21T11:08:11","slug":"shareholders-who-lost-money-in-shares-of-selectquote-inc-nyse-slqtshould-contact-wolf-haldenstein-immediately","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-who-lost-money-in-shares-of-selectquote-inc-nyse-slqtshould-contact-wolf-haldenstein-immediately\/","title":{"rendered":"Shareholders who lost money in shares of SelectQuote, Inc. (NYSE: SLQT)Should Contact Wolf Haldenstein Immediately."},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n Lead Plaintiff Deadline is October 10, 2025<\/span><\/b>\n <\/p>\n

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\n NEW YORK<\/span>
\n <\/span>, Aug. 21, 2025<\/span><\/span> \/PRNewswire\/ —\u00a0Wolf Haldenstein Adler Freeman<\/span> & Herz LLP<\/a> announces that a securities class action lawsuit has been filed in the United States<\/span> District Court for District Court for the Southern District of New York<\/span> on behalf of all persons and entities who purchased or otherwise acquired of SelectQuote, Inc. (NYSE: SLQT) (“SelectQuote or the “Company”) securities between September 9, 2020<\/span> and May 1, 2025<\/span>, inclusive (the “Class Period”).<\/p>\n

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\n \"(PRNewsfoto\/Wolf
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\n PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION<\/b>
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\n \u00a0Allegations<\/b>\n <\/p>\n

The filed complaint alleges<\/span> that SelectQuote and its executives misled investors by failing to disclose that:<\/p>\n

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  1. The company steered Medicare beneficiaries to insurance plans from providers that paid SelectQuote the highest commissions, not necessarily those best suited for customers.<\/li>\n
  2. SelectQuote did not provide unbiased Medicare Advantage comparisons<\/b> as claimed.<\/li>\n
  3. The company accepted illegal kickbacks<\/b> to favor certain insurers and limit competition.<\/li>\n
  4. SelectQuote was therefore not in compliance<\/b> with laws, regulations, and contracts.<\/li>\n
  5. This exposed the company to regulatory and legal risk, including under the False Claims Act (FCA)<\/b>.<\/li>\n
  6. Positive statements about the company’s business and prospects were misleading and lacked a reasonable basis<\/b>.<\/li>\n<\/ol>\n

    \n Key Event<\/b>\n <\/p>\n