BENSALEM, Pa.--(BUSINESS WIRE)--
Law Offices of Howard G. Smith 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.
Investors suffering losses on their Aflac investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected].
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.
If you purchased shares of Aflac during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180330005281/en/
