Levi & Korsinsky reminds investors of Globe Life Inc. f/k/a Torchmark Corporation of a pending class action lawsuit with a lead plaintiff filing deadline of July 1, 2024.

NEW YORK, July 1, 2024 /PRNewswire/ — Levi & Korsinsky, LLP Notifies Investors in Globe Life Inc. formerly Torchmark Corporation (“Globe Life” or the “Company”) (NYSE: GL) securities class action lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Globe Life investors who suffered adverse effects alleged securities fraud between May 8, 2019 AND April 10, 2024. Click the link below for more information and to contact a member of our team:

GL investors can also contact Joseph E. Levi, attorney by e-mail at: (email protected) or by phone at (212) 363-7500.

CASE DETAILS: According to the complaint, throughout the period covered by the complaint, Globe Life experienced steady growth in premium revenues at the Company, led by steady growth in premium revenues at American Income Life Insurance Company (“AIL”). The Company also stated that its employees adhered to a code of conduct that expressly prohibited various forms of misconduct and which required all Globe Life employees to comply with applicable laws and regulations, purporting to ensure that the Company would maintain a workplace free from violence, threatening behavior and illegal drugs . In fact, Globe Life was a widespread insurance company fraudthereby inflating Globe Life’s financial results. In addition, Globe Life permitted a culture of unchecked sexual harassment in direct violation of the Company’s Code of Conduct. As a result of Defendants’ false statements, Globe Life’s common stock traded at artificially inflated prices throughout the Covered Period.

WHAT’S NEXT? If you have suffered a loss in Globe Life during the relevant period, you have time to July 1, 2024 to ask the Court to appoint you as lead plaintiff. Your ability to share in any recovery does not require you to serve as lead plaintiff.

FREE: If you are a class member, you may be entitled to compensation without incurring any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: For the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for injured shareholders and has built a history of winning high-stakes cases. Our firm has extensive experience representing investors in complex securities disputes and a team of more than 70 attorneys who serve our clients. For seven consecutive years, Levi & Korsinsky has been ranked in the ISS Securities Class Action Services Top 50 Report as one of the top securities litigation firms in the nation. United States.

CONTACT:
Levi & Korsinsky, a partnership
Joseph E. Levi, Attorney at Law
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, New York 10004
(email protected)
Phone: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP