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Globe Life, Inc. (NYSE: GL)

Case Details

Join The Class Action

This lawsuit is for anyone who acquired securities in Globe Life, Inc. (NYSE: GL) from May 8, 2019 through April 10, 2024.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by engaging in a giant fraud.

On April 11, 2024, Fuzzy Panda Research published a report alleging, among other things, that Globe Life is engaged in widespread insurance fraud including withdrawing funds from consumer bank accounts without approval, writing policies for dead and fictitious people, forging customer signatures and actuarial fraud. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Globe Life Inc. (NYSE: GL) from May 8, 2019 through April 10, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.