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    • Globe Life fends off shareholder lawsuits alleging the company misled investors

    January 7, 2025 by John Hilton

    A Texas judge consolidated two of multiple lawsuits Friday alleging that Globe Life misled investors.

    In November, Jui Cheng Hsiao and Gautam Jadhav filed separate shareholder derivative lawsuits against the executives and directors of Globe Life Inc. in the U.S. District Court for the Eastern District of Texas.

    A shareholder derivative suit is a lawsuit filed by a shareholder on behalf of a corporation against a third party who has harmed the company. 

    Read the full story via INN

    Originally Posted at InsuranceNewsNet on January 7, 2025 by John Hilton.

    Categories: Industry Articles
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