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INVESTOR NOTICE: Kaskela Law LLC Announces Investigation of Globe Life Inc. and Encourages Long-Term Investors to Contact the Firm - GL

1. Kaskela Law is investigating breach of fiduciary duty claims against GL. 2. Securities fraud complaint alleges misleading statements by GL’s executives. 3. Fuzzy Panda reported GL engaged in insurance fraud and workplace misconduct. 4. GL shares dropped 53% to $49.17 post an investigative report. 5. Current shareholders are encouraged to reach out to Kaskela Law LLC.

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FAQ

Why Very Bearish?

GL's significant stock price drop post-accusations reflects severe investor sentiment decline.

How important is it?

Ongoing investigations and lawsuits directly threaten GL's reputation and future growth.

Why Short Term?

Immediate investigations and legal actions will likely influence GL's stock outlook quickly.

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AFLMETPRU
Kaskela Law LLC announces that it is investigating potential breach of fiduciary duty claims concerning Globe Life Inc. (NYSE:GL) on behalf of the company's long-term investors.Click here to receive additional information about your legal rights and options: https://kaskelalaw.com/case/globe-life/Recently a securities fraud complaint was filed against Globe Life on behalf of investors who purchased shares of the company's stock between May 8, 2019 and April 10, 2024. According to the complaint, during that time period Globe Life and certain of its executive officers issued a series of materially false and misleading statements to investors in violation of the federal securities laws.As further detailed in the complaint, on April 11, 2024, investment research firm Fuzzy Panda "reported that Globe Life and its subsidiaries had engaged in widespread insurance fraud by adding policies to existing users' account without their consent, as well as underwriting policies for dead and fictitious people. The article also revealed that Globe Life also maintained a hostile workplace where sexual harassment, drug use, and sexual assault went unchecked."Following this report, shares of Globe Life's stock fell by $55.76 per share, or 53% in value, to close on April 10, 2024 at $49.17 per share, on unusually heavy trading volume.The investigation seeks to determine whether the members of Globe Life's board of directors violated the securities laws and/or breached their fiduciary duties in connection with the above alleged misconduct.Current Globe Life shareholders who purchased or acquired their currently held GL shares prior to April 11, 2024 are encouraged to contact Kaskela Law LLC shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 - 0750 for additional information about this investigation and their legal rights and options.Alternatively, investors may submit their information to the firm by clicking on the following link (or if necessary, by copying and pasting the link into your browser):https://kaskelalaw.com/case/globe-life/Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. CONTACT:KASKELA LAW LLCD. Seamus Kaskela, Esq. ([email protected]) Adrienne Bell, Esq. ([email protected]) 18 Campus Blvd., Suite 100 Newtown Square, PA 19073 (888) 715 - 1740 (484) 229 - 0750 www.kaskelalaw.comThis notice may constitute attorney advertising in certain jurisdictions.SOURCE: Kaskela Law LLC

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