SAN FRANCISCO, June 18, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Globe Life Inc. (NYSE:GL) investors who suffered substantial losses to act now by submitting your losses here.
Class Period: May 8, 2019 – April 10, 2024
Lead Plaintiff Deadline: July 1, 2024
Website: www.hbsslaw.com/investor-fraud/gl
Contact An Attorney Now: GL@hbsslaw.com Phone: 844-916-0895
Globe Life Inc. (GL) Securities Class Action and Activist Short Sellers' Investigative Reports:
McKinney, Texas-based insurance giant Globe Life is facing a multi-pronged crisis, grappling with explosive allegations of fraud at its American Income Life (AIL) subsidiary, a federal investigation, and a new securities class action lawsuit.
The lawsuit, filed on behalf of investors, alleges that Globe Life made misleading statements and failed to disclose crucial information concerning potential widespread insurance fraud at AIL and a pervasive culture of sexual harassment.
The fraud began to emerge on Apr. 11, 2024, when short-seller Fuzzy Panda Research issued a scathing report accusing AIL of rampant fraudulent practices. The report, based on interviews with former ...