NEW
YORK, May 29, 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
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=81728&from=4
CLASS PERIOD: May 8, 2019
to April 10, 2024
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 would
maintain a workplace free from violence, threatening behavior, and
illegal drugs. In truth, Globe Life was engaged in wide-spread
insurance fraud, therefore inflating Globe Life's
financial results. In addition, Globe Life permitted a culture of
unchecked sexual harassment, in direct contravention of the
Company's Code of Conduct. As a result of defendants'
misrepresentations, shares of Globe Life common stock traded at
artificially inflated prices throughout the Class Period.
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=81728&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of GL during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is July 1, 2024. There is no cost or obligation to
you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
