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Aflac plummets after allegations that the company deceived shareholders

5 monthes ago   |   By

Flickr/BrownZelip
Shares of Aflac plummeted on Friday after the company was alleged to have "exploited workers, manipulated its accounting, and deceived shareholders and customers."
Aflac's shares were down 7.84% to $84.50 a share on Friday.
The investigative news site The Intercept first broke the news , interviewing nine former employees who have sued the company over the claims.
Aflac released a statement calling the allegations false. The insurer said it had investigated the claims and "found them to be without merit." It intends to file for a dismissal of the lawsuit.
Aflac's stock...
Read more ...

 

Aflac plummets after allegations that the company deceived shareholders

Aflac plummets after allegations that the company deceived shareholders

5 monthes ago   |   By

Flickr/BrownZelip
Shares of Aflac plummeted on Friday after the company was alleged to have "exploited workers, manipulated its accounting, and deceived shareholders and customers."
Aflac's shares were down 7.84% to $84.50 a share on Friday.
The investigative news site The Intercept first broke the news , interviewing nine former employees who have sued the company over the claims.
Aflac released a statement calling the allegations false. The insurer said it had investigated the claims and "found them to be without merit." It intends to file for a dismissal of the lawsuit.
Aflac's stock...
Read more ...

 


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