SelectQuote Inc Securities Lawsuit Investigation

Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in securities fraud cases, is investigating potential claims against SelectQuote Inc (SLQT).

If you purchased or held SelectQuote Inc securities between May 01, 2020 and May 01, 2025, you may be eligible to join this securities investigation and seek compensation for your losses.

About SelectQuote Inc

SelectQuote Inc is a publicly traded company listed on the New York Stock Exchange under the ticker symbol SLQT. The company is known for its role as an insurance broker, helping consumers compare and purchase life, auto, home, and Medicare insurance products from various providers.

Over the past several years, SelectQuote has positioned itself as a leader in the insurance marketplace, especially within the Medicare Advantage segment. The company has frequently highlighted its commitment to compliance and its focus on providing unbiased recommendations through its agent network.

However, recent events have raised questions about SelectQuote’s business practices and the accuracy of its public statements regarding regulatory compliance and the objectivity of its insurance agents.

The Allegations

The investigation centers on allegations that SelectQuote failed to disclose a Department of Justice (DOJ) investigation into its Medicare Advantage sales practices. According to the information available, the DOJ unsealed a False Claims Act complaint on May 1, 2025, alleging that SelectQuote and other large insurance brokers received illegal kickbacks for enrolling consumers in Medicare Advantage plans.

Despite these serious regulatory risks, SelectQuote had previously made positive statements about its compliance efforts and the unbiased nature of its agent recommendations. Investors were not made aware of the DOJ investigation or the potential for significant legal and financial exposure.

When the DOJ complaint became public on May 1, 2025, SelectQuote’s stock price dropped sharply—by approximately 19% in a single day. This sudden decline reflected the market’s reaction to the newly revealed risks and the company’s prior lack of transparency.

Proposed Class Period

The proposed class period for this investigation is May 01, 2020 to May 01, 2025. It’s important to note that this is a proposed timeframe and may change as more information becomes available.

The class period is significant because it defines the group of investors who may have been affected by the alleged misconduct. If you purchased or held SelectQuote securities during this time, you could be included in any future class action and may be eligible for financial recovery.

Your Rights and Next Steps

As an investor, you have rights if you suffered losses due to potential securities fraud. However, if evidence supports the claims, a class action lawsuit may be filed in the future.

Here’s what you can do:

• Review your investment records to confirm if you purchased or held SLQT securities between May 01, 2020 and May 01, 2025.
• Stay informed about the investigation’s progress and any updates regarding potential legal action.
• Consider submitting your information using the form below. Lawyers are ready to help you understand your rights and guide you through the process if a class action is filed.

Participating in the investigation does not obligate you to join any lawsuit, but it ensures you receive important updates and can make informed decisions about your options.

You May Be Entitled to Compensation

If you purchased SelectQuote Inc securities during the proposed class period and experienced financial losses, you may be entitled to compensation if a class action lawsuit moves forward. Securities investigations are time-sensitive, and acting quickly can help protect your rights.

Lawyers are ready to help answer your questions and determine if you qualify. To take the next step, complete the below form to join the investigation and receive updates about your potential claim.