- Shares of Aflac plummeted on Friday after the company was purported to have “exploited workers, manipulated its accounting, and cheated shareholders and customers.”
- Aflac’s shares were down 7.84% to $84.50 a share on Friday.
- The inquisitive news site The Intercept first pennyless the news, interviewing 9 former employees who have sued the company over the claims.
- Aflac expelled a matter job the allegations false. The insurer pronounced it had investigated the claims and “found them to be but merit.” It intends to file for a exclusion of the lawsuit.
- Aflac’s batch was down 3.14% year-to-date.
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