The klein law firm notifies investors of an investigation concerning
possible violations of federal securities laws by aflac incorporated
(afl)
New york--(business wire)--the klein law firm announces the commencement of an investigation of aflac incorporated (nyse: afl) concerning possible violations of federal securities laws. on january 11, 2018, the intercept published an article entitled “behind the duck: former aflac employees allege fraud and abuse in nearly every aspect of company.” citing “interviews with multiple current and former employees, as well as three previously unreported lawsuits,” the article reported that “aflac has exploited workers, manipulated its accounting, and deceived shareholders and customers.” among the allegations, the article suggests aflac employees were pressured “to meet sales goals selling policies without customer authorization or consent” and to engage in illegal bundling policies. in addition, the article suggests that whistleblowers faced retaliation and that the company engaged in earnings statement manipulation “moving sales earned in certain weeks into different quarters to hit numbers.” on this news, aflac’s share price has fallen sharply during intra-day trading on january 12, 2018. if you suffered a loss in aflac and wish to obtain additional information, please contact joseph klein, esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/afl-info-request-form-253. joseph klein, esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. attorney advertising. prior results do not guarantee similar outcomes.
AFL Ratings Summary
AFL Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission