MCKINNEY, Texas, April 11, 2024 /PRNewswire/ — Globe Lifestyles Inc. (NYSE: GL) these days issued the next remark refuting the allegations raised in a document issued these days via Fuzzy Panda Analysis:
For over 70 years, our industry style has stood the take a look at of the time and we proceed to generate sustainable income expansion that gives long-term worth for our shareholders. With over 17 million insurance policies in pressure, our thousands and thousands of consumers worth the security of the Corporate’s merchandise, and we attempt to be there when our shoppers want us maximum.
We’re upset these days to peer self-motivated brief dealers push inflammatory allegations with a view to power down Globe Lifestyles’s inventory value. We reviewed the document and located it to be wildly deceptive, blending nameless allegations with recycled issues driven via plaintiff regulation corporations to coerce Globe Lifestyles into settlements. The motivations at the back of this brief vendor’s document are pushed only via temporary benefit earned at the backs of the hundreds of shareholders, hardworking staff, impartial contractor gross sales brokers and shoppers who know and accept as true with our logo and robust monitor report. We now have effectively defended ourselves towards these kind of claims. The quick vendor research via Fuzzy Panda Analysis mischaracterizes info and makes use of unsubstantiated claims and conjecture to offer an total image of Globe Lifestyles this is intentionally false, deceptive and defamatory. Globe Lifestyles intends to discover all manner of felony recourse towards the events accountable.
Globe Lifestyles strives to behave based on the absolute best stage of ethics and integrity in any respect ranges of the group and to conform to all govt laws. American Source of revenue Lifestyles (AIL) has processes in position to check, examine and cope with all allegations dropped at the Corporate’s consideration relating to unethical industry practices, sexual harassment and irrelevant habits and we don’t tolerate such habits.
We intend to extra absolutely rebut those allegations within the close to long run. Relaxation confident we’re steadfast in our dedication to handing over sustainable income expansion that gives really extensive worth for our shareholders. Our willpower to offering the very best quality to our shoppers stays unwavering.
Globe Lifestyles Inc. is a maintaining corporate that specialize in lifestyles and supplemental medical insurance for the middle-income marketplace disbursed via more than one channels, together with direct to shopper and unique and impartial businesses.
SOURCE Globe Lifestyles Inc.
