Globe Life(GL)

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GL SHAREHOLDER NOTIFICATION: Long-term Globe Life Inc. (NYSE:GL) Shareholders are Urged to Contact BFA Law about Ongoing Investigation into the Company
GlobeNewswire News Room· 2024-07-16 10:05
If you are a long-term holder of Globe Life, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/globe-life-inc. Investigation Details: As a result of these wrongful actions, Globe Life is currently party to numerous lawsuits and investigations, including an investigation by the Department of Justice ("DOJ"). Click here if you are a long-term holder: https://www.bfalaw.com/cases-investigations/globe-life-inc. If you are a current holder of Globe Life Inc. stock, you ...
GL SHAREHOLDER NOTIFICATION: Long-term Globe Life Inc. (NYSE:GL) Shareholders are Urged to Contact BFA Law about Ongoing Investigation into the Company
Newsfilter· 2024-07-16 10:05
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Globe Life Inc. (NYSE:GL) and its directors and certain senior executives for breaches of their fiduciary duties by failing to stop, and/or condoning, pervasive fraud and sexual harassment at the Company. As a result of these wrongful actions, Globe Life is currently party to numerous lawsuits and investigations, including an investigation by the Department of Justice ("DOJ"). W ...
Warren Buffett Eliminated This Stock From Berkshire's Portfolio Last Year. It Has Fallen 32% in the First Half of 2024.
The Motley Fool· 2024-07-13 16:39
Globe Life stock plummeted earlier this year after it was the target of a short seller. Since the start of the year, Globe Life stock has plummeted 32.4%, according to data from S&P Global Market Intelligence. Here's what investors should know about the dip and what's next for Globe Life. Last year, storm clouds began to emerge over Globe Life when one of its subsidiaries, American Income Life Insurance Co. and Arias Agencies, faced a lawsuit accusing it of inappropriate workplace conduct, including rampant ...
GL INVESTOR NOTICE: Long-term Shareholders of Globe Life Inc. (NYSE:GL) are Notified to Contact BFA Law about Ongoing Investigation into the Company
GlobeNewswire News Room· 2024-07-13 10:48
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].
What Makes Globe Life (GL) a New Strong Buy Stock
ZACKS· 2024-07-12 17:01
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 ...
GLOBE LIFE INC. ANNOUNCES SECOND QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2024-07-11 21:17
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 ...
GL INVESTIGATION ALERT: Long-term Holders of Globe Life Inc. (NYSE:GL) are Notified to Contact BFA Law about Ongoing Investigation into the Company
GlobeNewswire News Room· 2024-07-11 17:37
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].
Lowey Dannenberg, P.C. is Investigating Globe Life Inc. ("Globe Life") (NYSE: GL) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the Firm
Newsfilter· 2024-07-01 16:58
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 ...
Lowey Dannenberg, P.C. is Investigating Globe Life Inc. (“Globe Life”) (NYSE: GL) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the Firm
GlobeNewswire News Room· 2024-07-01 16:58
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 ...
Lost Money on Globe Life Inc. f/k/a Torchmark Corporation(GL)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
GlobeNewswire News Room· 2024-07-01 16:26
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 ...