SAN FRANCISCO, Oct. 08, 2025 (GLOBE NEWSWIRE) -- SelectQuote Inc. (NYSE: SLQT), a digital insurance platform known for selling Medicare Advantage plans, is facing heightened legal scrutiny after the U.S. Department of Justice (DOJ) intervened in a whistleblower lawsuit alleging deceptive sales practices. The federal action triggered a sharp 19% drop in SelectQuote’s share price on May 1, 2025, and has now led to a securities class-action lawsuit filed on behalf of investors. The suit, Pahlkotter v. SelectQu ...

Creative accounting, of course, has a long history of cropping up during a boom, a tradition dating far back to the Gilded Age when inflating assets, understating liabilities, and bribery were commonplace. More recently the dotcom boom and the lead-up to the Great Recession brought to light such practices as “channel stuffing,” “roundtripping revenue,” and who can forget “special purpose entities.” Now industry watchers are starting to raise red flags about ARR. “The problem is that so much of this is essen ...