Core Viewpoint - Globe Life Inc. is facing a securities fraud class action lawsuit due to allegations of insurance fraud and a culture of sexual harassment within the company [2]. Group 1: Lawsuit Details - The class period for the lawsuit is from May 8, 2019, to April 10, 2024 [1]. - Investors with substantial losses have the opportunity to lead the class action lawsuit against Globe Life [1]. - The deadline for potential lead plaintiffs to submit their information is July 1, 2024 [1]. Group 2: Allegations Against Globe Life - The complaint alleges that Globe Life engaged in widespread insurance fraud, inflating its financial results [2]. - It is claimed that the company allowed a culture of unchecked sexual harassment, violating its own Code of Conduct [2]. - Positive statements made by the defendants regarding the company's business and prospects were allegedly materially misleading and lacked a reasonable basis [2].
GL Investors Have Opportunity to Lead Globe Life Inc. Securities Fraud Lawsuit