SAN DIEGO, Jan. 13, 2018 /PRNewswire/ -- Shareholder
Rights Law Firm Johnson Fistel, LLP is investigating potential
violations of the federal securities laws by Aflac Incorporated,
(NYSE: AFL) ("Aflac") and certain of its officers.
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." The article reported that "THE
INSURANCE FIRM Aflac has exploited workers, manipulated
its accounting, and deceived shareholders and customers, according
to nine former employees." Among other issues, the article
described "employees under pressure to meet sales goals selling
policies without customer authorization or consent, illegally
'bundling' policies, and issuing others to ineligible customers."
The Intercept reported there were three previously
unreported lawsuits, one of the allegations cited was, "earnings
statement manipulation, by moving sales earned in certain weeks
into different quarters to hit numbers."
Following this news, Aflac shares closed down 7.35%, on
January 12, 2018.
If you have information that could assist in this investigation,
including past employees and others, or if you are an Aflac
shareholder and are interested in learning more about the
investigation or your legal rights and remedies, please contact
Jim Baker
(jimb@johnsonfistel.com) at 619-814-4471. If emailing,
please include a phone number.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is
a nationally recognized shareholder rights law firm with offices in
California, New York and Georgia. The firm represents individual and
institutional investors in shareholder derivative and securities
class action lawsuits. For more information about the firm and its
attorneys, please visit http://www.johnsonfistel.com. Attorney
advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP