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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of SelectQuote, Inc. - SLQT

1. Pomerantz LLP is investigating SelectQuote for potential securities fraud. 2. DOJ filed a complaint against SelectQuote for alleged illegal kickbacks. 3. SelectQuote's stock dropped 19.24% following the DOJ announcement. 4. The investigation may lead to significant legal and financial consequences for SLQT. 5. Investors are advised to contact Pomerantz for participation in the class action.

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FAQ

Why Very Bearish?

The allegations of fraud and the sharp stock price drop indicate major investor concern. A historical example includes Enron, where similar legal issues led to a complete collapse.

How important is it?

The legal investigation is highly relevant due to its potential to affect SLQT's operational viability and investor confidence.

Why Short Term?

The immediate fallout from the DOJ lawsuit will likely impact SLQT's stock in the near term, much like past instances with other companies facing legal troubles.

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AETCNCUNHHUM
NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether SelectQuote and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On May 1, 2025, the U.S. Department of Justice (“DOJ”) announced the filing of a False Claims Act complaint against several health insurance companies and insurance broker organizations, including SelectQuote, “alleg[ing] that from 2016 through at least 2021, the defendant insurers paid hundreds of millions of dollars in illegal kickbacks to the defendant brokers in exchange for enrollments into the insurers’ Medicare Advantage plans.”  On news of the DOJ’s lawsuit, SelectQuote’s stock price fell $0.61 per share, or 19.24%, to close at $2.56 per share on May 1, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.  CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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