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MCKINNEY, Texas, April 11, 2024 /PRNewswire/ — Globe Life Inc. (NYSE: GL) immediately issued the next assertion refuting the allegations raised in a report issued immediately by Fuzzy Panda Analysis:
For over 70 years, our enterprise mannequin has stood the take a look at of the time and we proceed to generate sustainable earnings development that gives long-term worth for our shareholders. With over 17 million insurance policies in pressure, our hundreds of thousands of consumers worth the safety of the Firm’s merchandise, and we try to be there when our clients want us most.
We’re dissatisfied immediately to see self-motivated quick sellers push inflammatory allegations in an effort 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 legislation corporations to coerce Globe Life into settlements. The motivations behind this quick vendor’s report are pushed solely by short-term revenue earned on the backs of the 1000’s of shareholders, hardworking staff, impartial contractor gross sales brokers and clients who know and belief our model and robust observe report. We have now efficiently defended ourselves towards most of these claims. The quick vendor evaluation by Fuzzy Panda Analysis mischaracterizes info and makes use of unsubstantiated claims and conjecture to current an total image of Globe Life that’s intentionally false, deceptive and defamatory. Globe Life intends to discover all technique of authorized recourse towards the events accountable.
Globe Life strives to behave in accordance with the very best degree of ethics and integrity in any respect ranges of the group and to adjust to all authorities laws. American Earnings Life (AIL) has processes in place to assessment, examine and deal with all allegations dropped at the Firm’s consideration regarding unethical enterprise practices, sexual harassment and inappropriate conduct and we don’t tolerate such conduct.
We intend to extra absolutely rebut these allegations within the close to future. Relaxation assured we’re steadfast in our dedication to delivering sustainable earnings development that gives substantial worth for our shareholders. Our dedication to offering the very best high quality to our clients stays unwavering.
Globe Life Inc. is a holding firm specializing in life and supplemental medical insurance for the middle-income market distributed via a number of channels, together with direct to client and unique and impartial companies.
SOURCE Globe Life Inc.
