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Globe Life – SEC Enforcement Confirms Active Investigation

June 27, 2024 – On June 20, 2024, the SEC FOIA office responded to a Viceroy-instigated appeal to disclose any investigation and communication records between the regulator and Globe Life. Our appeal for these records was unsuccessful on the basis that Globe Life is under formal, active and ongoing investigation by the SEC’s Division of Enforcement.

We reiterate that Globe Life’s management team has no intention of being transparent with shareholders.

The problems for Globe Life will not go away, no matter how much management pretends that they do not exist. We delayed the publication of this document to see if the company would make any disclosure whatsoever to inform the market of these developments:  they did not.