Primerica Responds To Misinformation About The Company; Says "Their Assertions And Conclusions About Primerica Are False. They Do Not Accurately Portray What Primerica's Licensed Sales Force Does Every Day To Assist Middle-Income Families"
Portfolio Pulse from Benzinga Newsdesk
Primerica, Inc. (NYSE:PRI) has issued a statement refuting claims made by a blogger aimed at driving down its stock price, labeling the assertions as false and misleading. The company highlights its long-standing commitment to providing financial services to middle-income families in the U.S. and Canada, its significant insurance coverage, and the trust placed in it by millions of clients managing substantial investment volumes. Primerica emphasizes its adherence to industry standards and regulations, its high client satisfaction and loyalty ratings, and its confidence in the value it offers to clients and stockholders.
April 18, 2024 | 6:38 pm
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Primerica, Inc. responds to misleading claims by a blogger, emphasizing its commitment to middle-income families and its strong performance in the financial services sector.
Primerica's public refutation of the misleading claims and its emphasis on the company's strong performance, client satisfaction, and regulatory compliance are likely to reassure investors and potentially positively impact its stock price in the short term. The company's detailed response, highlighting its financial contributions and client trust, serves to counteract the negative assertions and could bolster investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100