Kahn Swick & Foti Alerts SelectQuote Shareholders of Lawsuit
Investor Alert for SelectQuote Shareholders
Kahn Swick & Foti, a reputable law firm, is reaching out to those who have invested in SelectQuote, Inc. ('SelectQuote' or the 'Company'), particularly if your losses exceed $100,000. As a shareholder, it’s crucial to be aware of your rights concerning the ongoing class action lawsuit.
Important Details of the Lawsuit
This class action lawsuit is currently pending, aiming to provide justice to investors who may have suffered losses. Should you have purchased SelectQuote securities between September 9, 2020 and May 1, 2025, you may be eligible to participate as a lead plaintiff. This deadline, noted by attorney Charles C. Foti, Jr., is set for October 10, 2025.
Why You Should Care
Investors are reminded to stay informed about changes in the company’s operations and legal standings. The lawsuit alleges that during the class period, SelectQuote and some of its executives failed to disclose critical information that could have affected stock prices and investor decisions.
Allegations Against SelectQuote
Recent actions by the U.S. Department of Justice (DOJ) indicate serious allegations against SelectQuote, including involvement in a conspiracy tied to illegal kickbacks from health insurance companies. This led to accusations that the Company deliberately misled Medicare beneficiaries.
The Impact of These Allegations
The ramifications of these allegations have directly impacted SelectQuote’s share price. On May 1, 2025, news of the DOJ filing a complaint resulted in a significant drop of the stock price by $0.61, equating to a 19.2% decrease. This decline highlights the potential risks associated with investing without full knowledge of company practices.
About Kahn Swick & Foti
Kahn Swick & Foti, LLC, led by Charles C. Foti, Jr., is dedicated to representing clients in securities litigation. With an impressive record, the firm has been recognized nationally for securing substantial settlements on behalf of investors. They are committed to holding companies accountable for their actions that lead to losses for their shareholders.
How to Get Involved
If you believe you are affected and wish to pursue justice, you can reach out to Kahn Swick & Foti for a free consultation. Every investor deserves to understand their rights, and taking the first step could lead to recovering your losses.
For more information about this lawsuit or to learn about your legal options, please contact Kahn Swick & Foti at 1-877-515-1850 or via email.
Frequently Asked Questions
What is the deadline for filing as a lead plaintiff?
The deadline to file as a lead plaintiff in the lawsuit against SelectQuote is October 10, 2025.
What allegations are being made against SelectQuote?
SelectQuote is accused of failing to disclose material information and engaging in practices deemed illegal by the DOJ.
How can I contact Kahn Swick & Foti?
You can reach them by calling 1-877-515-1850 or sending an email to lewis.kahn@ksfcounsel.com.
What should I do if I’ve lost money investing in SelectQuote?
If your losses exceed $100,000, you may be eligible to join the class action lawsuit against SelectQuote and should contact KSF for guidance.
What happens if I don’t join the lawsuit?
By not participating, you may forfeit your chance to reclaim losses suffered due to the alleged wrongdoings of SelectQuote.
About The Author
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