The Rosen Law Firm, a global investor rights law firm, is reminding investors who purchased SelectQuote, Inc. (NYSE: SLQT) securities during a specified period to take action by October 10, 2025. This deadline pertains to a class action lawsuit filed against SelectQuote.
The lawsuit alleges that SelectQuote made misleading statements to investors. Specifically, the firm is accused of prioritizing financial gain over client needs, allegedly directing clients toward insurers offering the highest compensation to SelectQuote, regardless of plan quality. This practice, according to the lawsuit, violated applicable laws and regulations.
The firm also claims that SelectQuote failed to provide unbiased comparisons of Medicare Advantage insurance plans. Furthermore, the complaint alleges the company received illegal kickbacks for steering clients toward specific insurers, effectively limiting enrollment in competing plans. These actions, the lawsuit argues, resulted in SelectQuote failing to comply with relevant laws and contractual agreements.
The Rosen Law Firm states that these actions ultimately misled investors about SelectQuote‘s business operations and prospects. When the truth emerged, the firm asserts, investors suffered financial losses.
Rosen Law Firm encourages investors to consider their legal options. The firm highlights its experience and success in securities class action litigation, emphasizing its track record of securing substantial settlements for investors. They mention past achievements, including securing what was at the time the largest securities class action settlement against a Chinese company. The firm also points to its consistent high ranking by ISS Securities Class Action Services.
The firm stresses the importance of selecting qualified legal representation, urging investors to carefully consider their choices. They note that many firms issuing similar notices lack comparable experience and resources.
Investors who purchased SelectQuote securities during the class period – September 9, 2020, to May 1, 2025 – are urged to contact Rosen Law Firm before the October 10, 2025 deadline to learn more about their potential involvement in the class action. The firm emphasizes that participation in the class action does not require any out-of-pocket fees or costs, as they operate under a contingency fee arrangement. The firm also clarifies that class certification has not yet been granted and that investors are not represented by counsel unless they retain one.
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