GLOBE LIFE Shareholder Alert From Former Louisiana Attorney General: KAHN SWICK & FOTI, LLC Reminds Investors With Losses Exceeding $100,000 of Lead Plaintiff Deadline in Globe Life Inc. Class Action Lawsuit.

NEW ORLEANS, May 10, 2024 /PRNewswire/ — Kahn Swick & Foti, LLC (“KSF”) and KSF Partner, former Attorney General of Louisiana, Charles C. Foti, Jr.remind investors that they have until then July 1, 2024 to file lead plaintiff motions in a securities class action lawsuit against Globe Life Inc., formerly Torchmark Corporation (NYSE: GL), for purchasing or otherwise acquiring the Company’s shares May 8, 2019 And April 10, 2024including (the “Class Period”). Long-term GL holders are also encouraged to contact the company. This lawsuit is pending in The United States District Court for the Eastern District Texas.

What you can do

If you have purchased shares in Globe Life and would like to discuss your legal rights and what impact this case may have on you and your right to compensation for your economic loss, you can contact KSF’s Managing Partner, Lewis, without obligation and at no cost to you Kahn, turn. toll free at 1-877-515-1850 or by email ((email protected)) or visit https://www.ksfcounsel.com/cases/nyse-gl/ to learn more. If you would like to serve as lead plaintiff in this class action lawsuit, you must file a motion with the court by mail July 1, 2024.

About the lawsuit

Globe Life and certain of its executives are accused of failing to disclose material information during the Class Period, thereby violating federal securities laws.

At April 11, 2024Investment research firm Fuzzy Panda reported that the company and its subsidiaries had extensive insurance in place Fraud by adding policies to existing users’ accounts without consent, issuing policies to dead and fictitious people, and maintaining a hostile workplace where sexual harassment, drug use, and sexual assault went unchecked.

Due to this news, the price of Globe Life shares fell $55.76 per share or 53%, from a closing price of $104.93 per share April 10, 2024to a closing price of $49.17 per share April 11, 2024.

The case is City of Miami General Employees’ & Sanitation Employees’ Retirement Trust v. Globe Life Inc., et al. No. 24-cv-376.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr.is one of the nation’s leading boutique securities litigation firms. KSF serves a variety of clients – including public institutional investors, hedge funds, asset managers and retail investors – in obtaining compensation for investment losses caused by companies Fraud or misconduct by listed companies. KSF has offices in new York, Delaware, California, Louisiana And New Jersey.

To learn more about KSF, visit www.ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis KahnManaging Partner
(email protected)
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

SOURCE Kahn Swick & Foti, LLC