Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
https://viceroyresearch.org/2024/04/30/globe-life-the-main-course/
Viceroy Research is short Globe Life (NYSE:GL) following an extensive investigation of the company and its subsidiary American Income Life (AIL).
We tip our hat to Fuzzy Panda, who produced a solid report outlining the extent of fraud at Globe Life. This report will push the envelope on what is already a thrilling story, with minimal overlap:
Fuzzy Panda's report can be found here.
This report is Viceroy's longest investigation by far, and is compiled on the review of over 11,000 documents and near 40GB of data. Strap in. Globe Life is extremely exposed to the unfolding allegations of fraud and shocking company culture at AIL. It is hard to believe the Department of Justice and EEOC investigations will not turn up significant findings, given what Viceroy have been able to find publicly.
Given the number and seriousness of the issues at Globe Life, and the ongoing investigations and their financial situation, we do not believe that a target price can be assigned at this time.
Posted In: GL