BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT) securities between September 9, 2020 and May 1, 2025, inclusive (the “Class Period”). SelectQuote investors have until October 10, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SELECTQUOTE, INC. (SLQT), CONTACT THE LAW OFFICES OF HOWARD G. SMIT
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What precedent exists for similar securities fraud class actions against comparable companies and typical outcomes?
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What is the market’s immediate reaction to the announcement and how might sentiment evolve?
What is the expected timeline for resolution of the class action and how might it affect SLQT stock volatility?
What is the estimated size of the potential settlement or judgment and its impact on the company’s balance sheet?
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Is there a risk of a significant share price decline if the lawsuit proceeds unfavorably?
Will a settlement require issuance of new shares, resulting in dilution for existing shareholders?
How might this news affect institutional investors’ exposure to SLQT and their potential actions?
Are there any insider transactions or unusual trading activity around the time of the lawsuit filing?
Could the lawsuit trigger any covenants or financing arrangements that could affect liquidity?
How does this legal risk compare to other operational or regulatory risks within the industry?