LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed on behalf of investors that purchased Aflac Incorporated (“Aflac” or the “Company”) (NYSE: AFL) securities between February 27, 2013 and January 11, 2018, inclusive (the “Class Period”). Aflac investors have until April 16, 2018 to file a lead plaintiff motion. To obtain information or actively participate in the class action, please visit the Aflac page on our website at www.glancylaw.com/case/aflac-incorporated.
Investors suffering losses on their Aflac investments are encouraged to contact Lesley Portnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to firstname.lastname@example.org.
The complaint filed in this class action alleges that during the Class Period defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Aflac hired its sales associates under false promises of high compensation packages and work-life balance; (2) Aflac misclassified its employees as independent contractors to reduce costs associated with unemployment insurance taxes and employment benefits; (3) Aflac manipulated its average weekly producer equivalent metric to fabricate growth; (4) consequently, Aflac violated its Code of Conduct and corporate social responsibility standards; and (5) as a result, Aflac’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
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If you purchased shares of Aflac during the Class Period you may move the Court no later than April 16, 2018 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to email@example.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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