Aflac Responds to Claims of Insider Trading, Failure to Investigate Fraud
Among numerous other wrongdoings, the dispute notice alleged Aflac’s manipulation of one of its “key operational metrics” – the number of average weekly or monthly producers, i.e., sales associates actively selling Aflac insurance during the reporting period – that Aflac had represented to the market as an important indicator of the company’s growth and earnings potential. “These numbers are …