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NEW YORK, August 21, 2021 (GLOBE NEWSWIRE) – Pomerantz LLP is investigating claims on behalf of investors in SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT). These investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The purpose of the investigation is to determine whether SelectQuote and any of its officers and / or directors have engaged in securities fraud or other illegal business practices.
[Click here for information about joining the class action]
On May 11, 2021, SelectQuote held a conference call as part of its third quarter 2021 financial results in which it revealed that its fourth quarter results would be impacted by a “negative cohort and tail adjustment” due to of “the persistence lower than the second term for the 2019 cohort.”
On this news, the SelectQuote share price fell $ 5.50 per share, or 20.07%, to close at $ 21.90 per share on May 12, 2021.
Pomerantz, with offices in New York, Chicago, Los Angeles and Paris, is recognized as one of the leading firms in the areas of corporate law, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, known as the Dean of the Class Actions Bar, Pomerantz was a pioneer in the field of securities class actions. Today, more than 80 years later, Pomerantz continues the tradition it established, fighting for the rights of victims of securities fraud, breach of fiduciary duty and professional misconduct. The firm has recovered numerous multi-million dollar damages on behalf of the members of the group. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz srl
[email protected]
888-476-6529 ext 7980
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