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SLQT INVESTIGATION NOTICE: Robbins Geller Rudman & Dowd LLP Announces Investigation into SelectQuote, Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

1. Robbins Geller is investigating potential securities law violations at SelectQuote. 2. SelectQuote executives may have made misleading statements to investors. 3. The DOJ alleges illegal kickbacks were involved in Medicare Advantage enrollments. 4. SelectQuote's stock dropped over 19% following the DOJ complaint. 5. Investigations could lead to significant financial repercussions for SelectQuote.

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FAQ

Why Very Bearish?

The DOJ's allegations and subsequent stock drop indicate significant legal and financial risks. Historical cases show similar situations led to prolonged downturns for affected companies, impacting investor confidence.

How important is it?

The investigation seriously threatens SelectQuote’s financial stability and market perception. Legal actions and investigations historically influence stock behavior significantly, especially in the insurance sector.

Why Short Term?

Investigations and stock price reactions typically have immediate effects, although long-term impacts depend on legal resolutions. Historical precedents show rapid sell-offs upon negative news regarding securities law violations, causing lingering investor uncertainty.

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SAN DIEGO, May 02, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving SelectQuote, Inc. (NYSE: SLQT) focused on whether SelectQuote and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the SelectQuote investigation or if you are a SelectQuote investor who suffered a loss and would like to learn more, you can provide your information here: https://www.rgrdlaw.com/cases-selectquote-inc-investigation-slqt.html You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com. THE COMPANY: SelectQuote is an insurance broker and sells Medicare Advantage and other health insurance plans. THE REVELATION: On May 1, 2025, the U.S. Department of Justice filed a complaint against insurance broker organizations, including SelectQuote, alleging that “insurers paid hundreds of millions of dollars in illegal kickbacks to the defendant brokers in exchange for enrollments into the insurers’ Medicare Advantage plans.” Following this news, the price of SelectQuote stock fell more than 19%. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes.  Services may be performed by attorneys in any of our offices.  Contact:        Robbins Geller Rudman & Dowd LLP         J.C. Sanchez, Jennifer N. Caringal        655 W. Broadway, Suite 1900, San Diego, CA 92101         800-449-4900         info@rgrdlaw.com

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