SelectQuote, Inc. (NYSE:SLQT) Investor Alert: Investigation Over Potential Wrongdoing

An investigation on behalf of investors in SelectQuote, Inc. (NYSE:SLQT) shares over potential wrongdoing at SelectQuote, Inc. (NYSE:SLQT was announced and NYSE:SLQT stockholders should contact the Shareholders Foundation.

San Diego, CA — (SBWIRE) — 04/28/2022 — An investigation on behalf of current long-term investors in shares of SelectQuote, Inc. (NYSE: SLQT) was announced over potential breaches of fiduciary duties by certain officers and directors at SelectQuote, Inc.

Investors who purchased shares of SelectQuote, Inc. (NYSE: SLQT) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The investigation by a law firm concerns whether certain SelectQuote, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Overland Park, KS based Founded in 1985, SelectQuote (NYSE: SLQT) provides solutions that help consumers protect their most valuable assets: their families, health and property.

On February 7, 2022, SelectQuote, Inc. reported its financial results for the second quarter of fiscal year 2022. Among other items, SelectQuote reported a quarterly loss of $0.84 per share and a 45% year-over-year revenue decline. The Company’s Chief Executive Officer Tim Danker attributed the shortfall to “unexpected challenges” in SelectQuote’s Medicare Advantage business. In addition, SelectQuote updated its 2022 guidance to forecast a net loss of $255 million to $236 million. On this news, SelectQuote’s stock price fell $2.99 per share, or 45.79%, to close at $3.54 per share on February 8, 2022.

Those who purchased shares of SelectQuote, Inc. (NYSE: SLQT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit: http://www.sbwire.com/press-releases/selectquote-inc-nyseslqt-investor-alert-investigation-over-potential-wrongdoing-1356800.htm

Media Relations Contact

Christopher Clausen
Shareholders Foundation
Telephone: 1-858-779-1554
Email: Click to Email Christopher Clausen
Web: https://www.shareholdersfoundation.com/