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Regarding claims pertaining to the "pharmaceutical quality" of Prevoxin, ERSP recommended that NWLI clearly present the related disclosure independently of the disclosure that qualifies weight loss results in order to prevent any ambiguity.
The class A shares of common stock of NWLI Delaware have commenced trading on the NASDAQ Global Market under the ticker symbol "NWLI," the same ticker symbol previously used by the company.
National Western Life Insurance Company (NASDAQ GM: NWLI), a Colorado corporation, has said that it has completed its previously announced holding company reorganisation, under which a new Delaware corporation, National Western Life Group, Inc., (NWLI Delaware), has replaced the company as the publicly held corporation.
As a result of the reorganisation, the company has become a wholly owned subsidiary of NWLI Delaware.
(NASDAQ: NWLI) has posted second quarter 2012 consolidated net earnings of USD 23.2m, or USD 6.58 per diluted class A common share, compared with consolidated net earnings of USD 13.8m, or USD 3.90 per diluted class A common share, for the second quarter of 2011.
In addition, the company's shareholders have automatically become stockholders of NWLI Delaware on a one-for-one basis, holding the same number and class of NWLI Delaware shares and the same ownership percentage after the reorganization as they held immediately prior to the reorganisation.
Stock life insurance company National Western Life Insurance Company (Nasdaq GM:NWLI) completed its holding company reorganisation to a new Delaware corporation National Western Life Group Inc (NWLI Delaware), which is now a publicly held corporation, it disclosed on Friday.
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