GL - GLOBE LIFE INC. INVESTORS: Pending Lead Plaintiff Deadline in GL Securities Fraud Class Action; Stockholders Should Contact Robbins LLP for Information | Benzinga
SAN DIEGO, June 20, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Globe Life, Inc. f/k/a Torchmark Corporation (NYSE:GL) common stock between May 8, 2019 and April 10, 2024. Globe Life is an insurance company that offers a wide range of insurance products, including life insurance, mortgage protections, and supplemental health insurance. Globe Life operates five wholly owned insurance subsidiaries with Income Life Insurance Company ("AIL") being its largest.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating the Allegations that Globe Life, Inc. (GL) Engaged in Insurance Fraud
According to the complaint, during the class period, Globe Life touted its consistent revenue growth, particularly from AIL, which accounted for 50% of the Company's profits in 2022 and 2023. During the class period, Globe Life reported consistent premium revenue growth at the Company, led by consistent premium revenue growth at AIL. The Company also represented that its employees ...