1. SelectQuote faces a class action lawsuit for misleading statements. 2. The lawsuit claims SelectQuote favored providers paying kickbacks over unbiased advice. 3. The class period for claims is September 9, 2020 to May 1, 2025. 4. Shareholders must act by October 10, 2025, to participate in the case. 5. DJS Law Group encourages affected investors to join for potential recovery.
Legal issues significantly undermine investor confidence and might reduce market value. Historical precedence shows lawsuits often cause stock price declines, e.g., Valeant Pharmaceuticals.
The class action lawsuit represents a serious threat, potentially leading to financial penalties or operational changes that could harm SLQT's future prospects.
Immediate awareness of legal action can lead to rapid market reactions. Investors may sell off holdings quickly due to perceived risk.
LOS ANGELES, Oct. 2, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against SelectQuote, Inc. ("SelectQuote" or "the Company") (NYSE: SLQT ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of SLQT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: September 9, 2020 to May 1, 2025
DEADLINE: October 10, 2025
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. SelectQuote claimed to provide customers with an unbiased comparison of Medicare Advantage plans but steered them towards providers who paid it the most. The Company accepted kickbacks from providers for encouraging customers to select their plans. Based on these facts, SelectQuote's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate .
NEXT STEPS FOR SHAREHOLDERS : Once you register as a shareholder who purchased shares during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP