SHAREHOLDER ALERT: The Pomerantz Law Firm announces the filing of a class action lawsuit against Globe Life Inc.

NEW YORK, June 7, 2024 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Globe Life Inc. (“Globe Life” or the “Company”) (NYSE: GL). Investors are advised to contact: Danielle Peyton at (email protected) or 646-581-9980 (or 888.4-POMLAW), toll-free, extension 7980. For inquiries by email, you will be asked to provide your mailing address, telephone number and the number of shares purchased.

The class action lawsuit concerns whether Globe Life and certain of its officers and/or directors engaged in securities transactions Fraud or other unlawful business practices.

You have until July 1, 2024to ask the Court to appoint you as lead plaintiff for the class if you are a shareholder who purchased or otherwise acquired Globe Life securities during the Class Period. A copy of the complaint is available atT www.pomerantzlaw.com.

(Click here for information on joining the class action lawsuit.)

At 11 April 2024Investment research firm Fuzzy Panda published a report alleging that Globe Life had engaged in extensive insurance transactions Fraudwhile allowing a culture of unchecked sexual harassment. In particular, the report allegedly that several Globe Life subsidiaries underwrote policies for dead and fictitious people and added policies to existing users’ accounts without their consent. In addition, the investment research firm found evidence that the subsidiaries maintained a hostile work environment in which sexual harassment, drug use and sexual assault went unpunished – behavior that violated the company’s code of conduct.

Following this news, Globe Life’s share price fell $55.76 per share or 53.14% and closed at $49.17 per share on 11 April 2024.

Pomerantz LLP, with offices in new York, Chicago, Los Angeles, London, ParisAnd Tel-Avivis considered one of the leading law firms in the areas of corporate, securities and antitrust litigation. Founded by the late Abraham L. PomerantzKnown as the dean of class action lawyers, Pomerantz was a pioneer in the field of securities class action litigation. Today, more than 85 years later, Pomerantz continues the tradition he established and fights for the rights of securities litigation victims. FraudBreach of fiduciary duty and corporate misconduct. The firm has won billions of dollars in damages on behalf of class action plaintiffs. See www.pomlaw.com.

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CONTACT:
Danielle Peyton
Pomerantz LLP
(email protected)
646-581-9980 extension 7980

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