Category Archives: AFL

On January 11, 2018, in an article titled “Behind the Duck: Former Aflac Employees Allege Fraud and Abuse in Nearly Every Aspect of Company” published by The Intercept, it is alleged that Aflac (AFL) “…has exploited workers, manipulated its accounting, and deceived shareholders and customers, according to nine former employees.”

These allegations have had a material impact on the stock price of Aflac on January 12, 2018.  Currently, the stock is down –7% on the day.  Below are the downside price and timing targets of AFL based on the Speed Resistance Lines since the 2009 low.