Globe Life Inc. f/k/a Torchmark Corporation Class Action Lawsuit - GL

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.

In order to be eligible to join the GL class action lawsuit, you must have incurred a loss on shares of Globe Life purchased during the class period listed above.

If you suffered a loss in Globe Life during the relevant time frame or pursuant to the relevant offering(s), you have until July 1, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.