Globe Life (GL) Embroiled in Fraud Allegations, DOJ Probe, and Investor Lawsuit - Hagens Berman

Fuzzy Panda further implicated AIL leadership, alleging fraudulent practices escalated under CEO Steve Greer (appointed 2017) and President Dave Zophin (joined in 2018). Their interviews suggest AIL sales teams wrote over $200 million in fraudulent annual life insurance premiums. Further complicating matters, the company disclosed a Department of Justice (DOJ) probe into AIL's business practices, specifically sales tactics used by agents, in late April. Subpoenas were reportedly issued in late 2023, raising ...