Core Viewpoint - Globe Life Inc. is under investigation for alleged breaches of fiduciary duties related to widespread fraud and sexual harassment within the company [1][3][6]. Investigation Details - The investigation is led by Bleichmar Fonti & Auld LLP, focusing on the company's directors and senior executives for failing to address or condoning fraudulent activities [1][7]. - Globe Life is currently facing multiple lawsuits and investigations, including one from the Department of Justice [3]. Allegations of Fraud - A recent investor report indicates that Globe Life may be involved in extensive insurance fraud, with claims that $200 million of annualized life premiums, approximately 60% of total premiums, are affected [6]. - The report suggests that a problematic bonus structure incentivizes sales agents to commit fraud, as they are rewarded for policies within a short timeframe, regardless of cancellations [6]. Legal Options for Shareholders - Current shareholders of Globe Life Inc. are encouraged to submit their information to explore potential legal options, with representation offered on a contingency fee basis [4][6].

Globe Life (GL) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. As such, the Zacks rat ...

1-786-697-3501 (Passcode: Globe Life Inc.) SOURCE Globe Life Inc. MCKINNEY, Texas, July 11, 2024 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release Second Quarter 2024 earnings after the market closes on Wednesday, July 24, 2024. At that time, a copy of the Company's Second Quarter 2024 earnings press release and any other financial and statistical information about the quarter will be available on the Company's website at https://investors.globelifeinsurance.com/ under Financial Reports and Other Fina ...

Core Viewpoint - Globe Life Inc. is under investigation for alleged widespread insurance fraud and sexual harassment, with concerns regarding the fiduciary duties of its directors and senior executives [1][3]. Investigation Details - An investor report has revealed allegations of extensive insurance fraud at Globe Life, with claims that $200 million of annualized life premiums, approximately 60% of total premiums, are affected [2]. - The fraud appears to be linked to a bonus structure that incentivizes agents to sell policies quickly, even if they are canceled shortly after, leading to agents committing fraud by paying premiums with bonus money [2]. Legal Implications - Globe Life is facing multiple lawsuits and investigations, including one from the Department of Justice [3]. - Bleichmar Fonti & Auld LLP is taking steps to protect the interests of Globe Life shareholders and hold the company's fiduciaries accountable for legal violations [3]. Shareholder Actions - Current shareholders of Globe Life Inc. are encouraged to explore legal options and submit their information to the law firm, with representation offered on a contingency fee basis [5].

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Globe Life Inc. ("Globe Life") (NYSE:GL) for potential violations of the federal securities laws. The firm's investigation is in connection with reports that Globe Life executives ignored extensive allegations of insurance fraud. Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulti ...

If you suffered a loss of more than $50,000 in Globe Life securities, and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact attorneys at (914) 733-7256 or via email to Andrea Farah (afarah@lowey.com) or Vincent R. Cappucci Jr. (vcappucci@lowey.com). Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitr ...

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Globe Life Inc. f/k/a Torchmark Corporation (NYSE: GL). Shareholders who purchased shares of GL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/globe-life-loss-submission-form/?id=88041&from=3 CLASS PERIO ...

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- SO WHAT: If you purchased Globe Life common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually liti ...

Core Viewpoint - Globe Life Inc. is facing allegations of widespread insurance fraud and a culture of sexual harassment, which led to artificially inflated stock prices during the class period from May 8, 2019, to April 10, 2024 [2][5]. Group 1: Allegations and Misconduct - Globe Life reported consistent premium revenue growth, particularly from American Income Life Insurance Company, while allegedly engaging in insurance fraud that inflated financial results [2]. - The company claimed adherence to a code of conduct prohibiting misconduct, yet it allowed a culture of unchecked sexual harassment, violating its own policies [2]. Group 2: Shareholder Actions - Shareholders who purchased shares during the specified class period are encouraged to register for potential lead plaintiff appointment, with a deadline set for July 1, 2024 [3][5]. - Registered shareholders will receive updates through portfolio monitoring software regarding the case's progress [3]. Group 3: Legal Representation - The Gross Law Firm, a nationally recognized class action law firm, is representing the shareholders, emphasizing its commitment to protecting investor rights against deceit and fraud [5].

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 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. Fuzzy Panda further implicated AIL leadership, alleging fraudulent practices escalated und ...