The embattled insurer Globe Life and its subsidiary American Income Life face new allegations of fraud, kickbacks, and misclassifying its army of sales agents. The charges appear in a new report from Viceroy Research, the third scathing short-seller report on Globe. It comes on the heels of short-sale recommendations by Orso Partners’ Nate Koppikar and the anonymous trader Fuzzy Panda earlier this year. Globe said the Viceroy report is “deliberately false, misleading and defamatory.” You can read today’s story here.
Tag Archives: misclassification
EEOC takes up sexual harassment cases against Globe Life subsidiary
Ten months after my first article about the toxic and dangerous workplace at The Arias Organization, a top life insurance agency of Globe Life, Inc., the EEOC took the unusual step of reopening two sexual harassment claims that it had previously dismissed and a Pennsylvania regulator fined a Globe subsidiary for deceptive consumer practices.
In my series of investigations about Globe, its wholly owned subsidiary American Income Life and Arias, I’ve been documenting a toxic workplace where multiple agents said women were sexually harassed and assaulted, drugs were used openly and customer deceit was widespread. Continue reading