NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Globe Life Inc. ("Globe Life" or "the Company") (NYSE:GL) and certain of its officers.
Class Definition:
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Globe Life securities between May 8, 2019 and April 10, 2024, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/GL.
Case Details:
According to the Complaint, Globe Life is an insurance company headquartered in McKinney, Texas, 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. The largest, by both premiums collected and number of sales agents employed, is American Income Life Insurance Company ("AIL").
Throughout the Class Period, according to the Complaint, Globe Life touted its consistent revenue growth, particularly from AIL, which accounted for ...