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The Law Offices of Frank R. Cruz announces an investigation of SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On May 1, 2025, the U.S. Department of Justice (“DOJ”) filed a False Claims Act complaint against SelectQuote, alleging 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 this news, SelectQuote’s stock price fell $0.61, or 19.2%, to close at $2.56 per share on May 1, 2025, thereby injuring investors.
If you suffered a loss on your SelectQuote, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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