On May 27, 2024, in NEW YORK, a press release was issued by GLOBE NEWSWIRE.
The Reason: Law firm Rosen, which specializes in global investor rights, is informing those who have bought common stock from Globe Life Inc., formerly Torchmark Corporation (NYSE: NYSE:) between May 8, 2019, and April 10, 2024 (the Class Period), about the crucial July 1, 2024, lead plaintiff deadline.
The Implication: You may be qualified for compensation if you bought Globe Life common stock during the Class Period, without the need to pay any fees or costs out of pocket through a contingency fee arrangement.
The Next Step: To participate in the Globe Life class action, visit https://rosenlegal.com/submit-form/?case_id=24072 or contact Phillip Kim, Esq. at his toll-free number 866-767-3653 or email case@rosenlegal.com for class action details. A class action lawsuit has already been initiated. If you want to be the lead plaintiff, you must petition the Court by July 1, 2024. The lead plaintiff is a representative who acts on behalf of the other class members in guiding the litigation.
Why Choose Rosen Law: We urge investors to choose a lawyer with proven leadership and success. Often, the firms sending out notifications lack similar experience, resources, or significant peer recognition. Many of these firms don’t actually litigate securities class actions, but merely serve as intermediaries who refer clients or partner with law firms that handle the litigations. Choose your counsel wisely. Rosen Law Firm represents global investors, focusing on securities class actions and shareholder derivative litigation. Rosen Law Firm has set the record for the largest ever securities class action settlement against a Chinese Company. In 2017, ISS Securities Class Action Services ranked Rosen Law Firm as No. 1 for the number of securities class action settlements. The firm has consistently ranked in the top 4 since 2013 and has recovered hundreds of millions of dollars for investors. In 2019, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was recognized by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been acknowledged by Lawdragon and Super Lawyers.
Case Details: The lawsuit alleges that during the Class Period, defendants gave out numerous materially false and misleading statements and omissions about: (1) Globe Life’s consistent premium revenue growth, especially from American Income Life Insurance Company (AIL); and (2) Globe Life’s Code of Business Conduct and Ethics (the Code of Conduct). Specifically, defendants repeatedly credited Globe Life’s consistent premium revenue growth to an increase in agent count and productivity. Moreover, Globe Life’s Code of Conduct asserted, among other things, that the Company is committed to fostering an inclusive and welcoming environment, that violence and threatening behavior are not allowed, and that the use of illegal drugs in the workplace will not be tolerated. The lawsuit claims that when the actual details were disclosed, investors suffered damages.
To participate in the Globe Life class action, visit https://rosenlegal.com/submit-form/?case_id=24072 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for class action information.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you hire one. You have the right to choose your counsel. You can also choose to remain an absent class member and take no action at this time. Your ability to partake in any potential future recovery does not depend on being the lead plaintiff.
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This is an attorney advertisement. Prior results do not guarantee a similar outcome.
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Contact Details:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com
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