SAN FRANCISCO, Aug. 13, 2025 /PRNewswire/ -- After investors in SelectQuote (NYSE: SLQT) saw the price of their shares tumble over 19% on May 1, 2025 when the U.S. Department of Justice announced it had intervened in a lawsuit against the company, a securities class action lawsuit, styled Pahlkotter v. SelectQuote, Inc. et al., No. 1:25-cv-06620 (S.D.N.Y.) has been filed. The suit seeks to represent investors who purchased or otherwise acquired SelectQuote securities between September 9, 2020 and May 1, 2025.
Hagens Berman urges SelectQuote investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.
Class Period: Sept. 9, 2020 – May 1, 2025
Lead Plaintiff Deadline: Oct. 10, 2025
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SelectQuote (SLQT) Securities Class Action:
The lawsuit is focused on the propriety of SelectQuote's disclosures concerning its sales and other business practices, particularly with respect to its Senior business which offers Medicare Advantage ("MA") plans written by health insurance companies such Aetna, Anthem, and Humana ("insurers").
In the past, SelectQuote has claimed "[o]ur agents are trained to offer unbiased advice in order to be more aligned to the specific needs of each customer" and Senior "provides unbiased comparison shopping for Medicare Advantage ('MA') and...
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