GL - GL SHAREHOLDER NOTIFICATION: Long-term Globe Life Inc. (NYSE:GL) Shareholders are Urged to Contact BFA Law about Ongoing Investigation into the Company | Benzinga
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Globe Life Inc. (NYSE:GL) and its directors and certain senior executives for breaches of their fiduciary duties by failing to stop, and/or condoning, pervasive fraud and sexual harassment at the Company.
If you are a long-term holder of Globe Life, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/globe-life-inc.
Investigation Details:
A recent investor report has exposed troubling allegations that Globe Life is engaged in widespread insurance fraud. The investor report relies on whistleblower complaints, interviews with former employees, public lawsuits, and other credible sources. Based on that information, the report concludes that instances of insurance fraud have been unearthed at the Company's sales agencies that account for $200 million of the annualized life premiums paid by customers, or roughly 60% of all premiums. The rampant instances ...
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