Summary
Aflac Inc. (AFL) filed an 8-K on May 3, 2018, to disclose the availability of the third report from its Special Litigation Committee (SLC). This committee, composed of independent Board members, has been investigating allegations made by a small group of independent sales contractors against the company. This marks the final report from the SLC regarding these specific allegations. Investors can access this third report on Aflac's investor relations website under 'Corporate Governance' and 'Special Litigation Committee.' The filing also reiterates Aflac's commitment to forward-looking statements, emphasizing the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While providing these updates, the company includes standard cautionary statements regarding the inherent uncertainties of litigation and investigations that could impact future results.
Key Highlights
- 1Aflac Inc. has made available the third report from its Special Litigation Committee (SLC), completing the committee's investigation into allegations made by a group of independent sales contractors.
- 2The SLC is comprised of independent members of Aflac's Board of Directors.
- 3The third SLC report can be accessed by shareholders on Aflac's investor relations website under 'Corporate Governance' and 'Special Litigation Committee'.
- 4This filing serves as a Regulation FD disclosure, ensuring all investors have access to the same information.
- 5The company reiterates its use of forward-looking statements and highlights the safe harbor provisions under the Private Securities Litigation Reform Act of 1995.
- 6Aflac includes cautionary statements acknowledging the inherent uncertainties of litigation and ongoing investigations which could affect future financial results.