The DOJ has subpoenaed Globe Life (GL) and its subsidiary American Income Life and is seeking documents related to Pittsburgh-based Arias Organization, Business Insider’s Susan Antilla reported last week. The DOJ is seeking information on insurance policies and customer payments after Business Insider reported claims of fraud. Warren Buffett’s Berkshire Hathaway (BRK.A) has sold off all 6.35 million shares it held in Globe Life, the report notes.
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