MCKINNEY, Texas, April 11, 2024 /PRNewswire/ — Globe Life Inc. (NYSE: GL) in the present day issued the next assertion refuting the allegations raised in a report revealed in the present day by Fuzzy Panda Analysis:
For greater than 70 years, our enterprise mannequin has stood the check of time and we proceed to generate sustainable earnings development that gives long-term worth for our shareholders. With greater than 17 million insurance policies in pressure, our hundreds of thousands of consumers worth the safety of the Firm's merchandise and we attempt to be there when our prospects want us most.
Right now we’re disillusioned to see motivated quick sellers push inflammatory accusations to drive down Globe Life's inventory value. We reviewed the report and located it to be wildly deceptive, mixing nameless allegations with recycled factors pushed by plaintiff regulation corporations to pressure Globe Life to settle. The motivations behind this quick vendor's report are pushed solely by the short-term earnings made by the hundreds of shareholders, hard-working workers, impartial contractor gross sales brokers and prospects who know and belief our model and our robust observe file. Now we have efficiently defended ourselves in opposition to all these claims. Brief vendor evaluation by Fuzzy Panda Analysis mischaracterizes the details and makes use of unsubstantiated claims and conjecture to current an general image of Globe Life that’s intentionally false, deceptive and defamatory. Globe Life intends to discover all technique of authorized recourse in opposition to accountable events.
Globe Life strives to behave in accordance with the best stage of ethics and integrity in any respect ranges of the group and to adjust to all authorities rules. American Earnings Life (AIL) has processes in place to evaluate, examine and tackle all allegations dropped at the corporate concerning unethical enterprise practices, sexual harassment and inappropriate conduct, and we don’t tolerate such conduct.
We intend to extra totally refute these allegations within the close to future. Relaxation assured, we’re steadfast in our dedication to producing sustainable earnings development that gives substantial worth for our shareholders. Our dedication to offering the best high quality to our prospects stays unwavering.
Globe Life Inc. is a holding firm specializing in life and supplemental medical health insurance for the middle-income market distributed by a number of channels, together with direct-to-consumer and unique and impartial companies.
SOURCEGlobe Life Inc.
