NEW YORK, NY / ACCESSWIRE / May 26, 2024 / Lifshitz Law PLLC:
Globe Life, Inc. (NYSE:GL)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements concerning: (i) Globe Life's consistent premium revenue growth, particularly from AIL - the largest of Globe Life's subsidiaries; and (ii) Globe Life's Code of Business Conduct and Ethics. More specifically, the Company repeatedly attributed its consistent premium revenue growth "to increased agent count and productivity." As a result of these misrepresentations, Globe Life common stock traded at artificially inflated prices during the Relevant Period.
If you are a GL investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
EQUINIX, INC. (NASDAQ:EQIX)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Equinix manipulated its financials to reduce operational expenses and boost Adjusted Funds From Operations; (ii) Equinix oversold power capacity and did not warn of the risks associated with this practice; (iii) Equinix lacked adequate internal controls; and (iv) as a result, the Company's public statements were materially false and/or misleading at all relevant times.
If you are an EQIX investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Intel Corporation (NASDAQ:INTC)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) the growth of Intel Foundry Services ("IFS") was not indicative of revenue growth reportable under the Internal Foundry segment; (ii) the Foundry experienced significant operating losses in 2023; (iii) the Foundry experienced a decline in product profit driven by lower internal revenue; (iv) the Foundry model would not be a strong tailwind to the Company's IFS strategy; and (v) as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you are an INTC investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
AXT, Inc. (NASDAQ:AXTI)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) AXT overstated its property holdings; (ii) the Company did not disclose that the attempted listing of an AXT subsidiary in China had reportedly failed; (iii) AXT routinely engaged in environmental violations and unsafe business practices; (iv) AXT's production declined in 2023; and (v) as a result, the Company's statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times.
If you are an AXTI investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
ATTORNEY ADVERTISING.© 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: info@lifshitzlaw.com
SOURCE: Lifshitz Law PLLC
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