LOS ANGELES, Aug. 03, 2021 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE:SLQT) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: firstname.lastname@example.org, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
SelectQuote announced its third quarter 2021 financial results in a press release on May 11, 2021. SelectQuote also provided updated guidance for full year fiscal 2021, expecting a revenue between $920 million and $940 million, with net income between $130 million and $138 million.
On May 12, 2021, SelectQuote’s stock price fell $5.50, or 20%, to close at $21.90 per share on this news thereby injuring investors.
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The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
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