NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Texas on behalf of all persons and entities who purchased or otherwise acquired Globe Life Inc. f/k/a Torchmark Corporation ("Globe Life" or the "Company") (NYSE:GL) securities between May 8, 2019 and April 10, 2024, inclusive (the "Class Period"). The Complaint in the lawsuit seeks to recover damages for the Company's investors under the federal securities laws.
The Complaint alleges that Defendants made numerous materially false and misleading statements and omissions concerning: (i) Globe Life's consistent premium revenue growth, particularly from American Income Life Insurance Company; and (ii) Globe Life's Code of business Conduct ...
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