Globe life inc. issues statement refuting false short seller report

Mckinney, texas , dec. 4, 2024 /prnewswire/ -- globe life inc. (nyse: gl) has issued the following statement refuting the allegations raised in a report published today by viceroy research: following the rapid onset of the pandemic, american income life (ail) and its independent agency owners began transitioning to a virtual business model, which in turn led many agency owners to realign their real estate portfolios. by enabling our agents to work virtually, providing work flexibility and eliminating overhead costs to better build their own businesses, ail's agent count increased from over 8,000 agents in march of 2020 to over 12,000 in november of 2024.
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