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SELECTQUOTE ALERT: Bragar Eagel & Squire, P.C. is Investigating SelectQuote, Inc. on Behalf of SelectQuote Stockholders and Encourages Investors to Contact the Firm

1. Bragar Eagel & Squire is investigating potential claims against SelectQuote. 2. The DOJ filed a complaint alleging illegal kickbacks involving SelectQuote. 3. On May 1, SLQT's stock dropped 19.24% following the lawsuit news.

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FAQ

Why Very Bearish?

The DOJ's lawsuit and allegations of illegal practices could lead to severe legal repercussions, similar to historical cases that caused significant long-term declines in stock values. An example is when major corporations faced lawsuits regarding unethical business practices, leading to plummeting stock prices and reputational damage.

How important is it?

The article directly discusses allegations against SelectQuote, which is poised to affect investor sentiment dramatically. The potential financial and reputational fallout from lawsuits can significantly change the company's trajectory.

Why Long Term?

Legal battles can linger for years, impacting investor confidence and stock performance. Similar historical precedents, such as the lawsuits involving Enron and Arthur Andersen, took years to resolve, causing lasting effects on stock valuations.

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AETUNHCNC
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT) on behalf of SelectQuote stockholders. Our investigation concerns whether SelectQuote has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the 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. If you purchased or otherwise acquired SelectQuote shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

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