GL - GLOBE LIFE ALERT: Bragar Eagel & Squire P.C. is Investigating Globe Life Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, July 03, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Globe Life, Inc. (NYSE:GL) on behalf of long-term stockholders following a class action complaint that was filed against Globe Life on April 30, 2024 with a Class Period from May 8, 2019 to April 10, 2024. Our investigation concerns whether the board of directors of Globe Life have breached their fiduciary duties to the company.
Globe Life, an insurance company, offers various insurance products, including low-cost life insurance policies that provide comparatively lower payouts. Operating through its subsidiaries, American Income Life Insurance Company (AIL) being the largest, Globe Life has been accused of engaging in fraudulent activities.
According to the complaint, defendants made ...