PHILADELPHIA, June 12, 2024 /PRNewswire/ -- Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Globe Life Inc. (NYSE: GL), formerly known as Torchmark Corp., on behalf of investors who purchased shares of the Company's stock between May 8, 2019 and April 10, 2024. As further detailed in the complaint, on April 11, 2024, investment research firm Fuzzy Panda "reported that Globe Life and its subsidiaries had engaged in widespread insurance fraud by adding policies to exis ...

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. https://securitiesclasslaw.com/securities/globe-life-loss-submission-form/?id=83247&from=4 ALLEGATIONS: According to the complaint, throughout the Class Period, Globe Life reported consistent premium revenue growth at the Company, led by consistent premium revenue growth at American I ...

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. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made numerous materially false and misleading statements and omissions concerning: (1) Globe Life's consistent premium revenue growth, particularly from American Income Life Insurance Company ("AIL"); and (2) Globe Life's Cod ...

CONTACT US HERE: ALLEGATIONS: According to the complaint, throughout the Class Period, Globe Life reported consistent premium revenue growth at the Company, led by consistent premium revenue growth at American Income Life Insurance Company ("AIL"). The Company also represented that its employees adhered to a code of conduct that expressly prohibited various forms of misconduct, and which required that all Globe Life employees comply with relevant laws and regulations, purportedly ensuring that the Company w ...

NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Globe Life Inc. ("Globe Life" or the "Company") (NYSE: GL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), tollfree, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Globe Life and certain of its off ...

DEADLINE: July 1, 2024 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/globe-life-loss-submission-form/?id=82729&from=4 NEW YORK, June 5, 2024 /PRNewswire/ -- 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 plainti ...

NEW YORK, June 05, 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. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/GL or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Na ...

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Globe Life Inc. f/k/a Torchmark Corporation (NYSE: GL) between May 8, 2019 and April 10, 2024, both dates inclusive (the "Class Period"), of the important July 1, 2024 lead plaintiff deadline. 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 contingenc ...

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Global Life Inc. ("Global Life") (NYSE: GL) for potential violations of the federal securities laws. The firm's investigation is in connection with reports that Global Life executives ignored extensive allegations of insurance fraud. If you suffered a loss of more than $50,000 in Global Life securities, and wish to participate, learn more, or discuss the ...

Dividend Stocks Overview - Dividend stocks are often chosen by investors to generate income through quarterly dividends, which can be taken as cash or reinvested to increase the stock's value [1] - The dynamics of dividend stocks change over time, with some increasing dividends to attract investors while others may reduce or cut dividends due to financial difficulties [2] - Stocks with diminishing or vanishing dividend yields may become uncompetitive compared to better-yielding options [3] Sirius XM Holdings (SIRI) - Sirius XM Holdings once dominated the satellite radio market but has seen its prospects decline with the rise of music streaming via 4G and 5G networks [4] - The company currently offers a dividend yield of 3.88%, but this is not driven by growth, as it operates in a declining radio service market [5] - SIRI faces financial challenges with $11.2 billion in assets and $13.5 billion in liabilities, putting its dividend at risk if subscriber counts drop [6] Globe Life (GL) - Globe Life's stock has dropped 32% year-to-date, and its 1.17% dividend may be at risk due to historical dividend cuts during financial struggles [7] - Despite a decent Q1 2024 earnings report, the company's market capitalization has suffered due to fraud allegations, which could lead to further financial instability [8] - Investors may consider waiting or selling their positions until the situation stabilizes [9] Meridian (MRBK) - Meridian, a Mid-Atlantic banking provider, has struggled financially, with its services failing to differentiate it from competitors [10] - Q1 revenue was $21.73 million, a 5.19% YoY increase, but net income fell 33.45% YoY to $2.68 million, indicating declining profitability and liquidity challenges [11] - The company risks a dividend cut as it struggles to recover from financial losses [11]