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LNC Lincoln National Corporation

32.23
-0.43 (-1.32%)
29 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lincoln National Corporation NYSE:LNC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.43 -1.32% 32.23 32.74 31.99 32.68 1,765,890 00:03:23

The Gross Law Firm Notifies Lincoln National Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - LNC

14/05/2024 10:45am

PR Newswire (US)


Lincoln National (NYSE:LNC)
Historical Stock Chart


From Apr 2024 to May 2024

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NEW YORK, May 14, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lincoln National Corporation (NYSE: LNC).

The Gross Law Firm (PRNewsfoto/The Gross Law Firm)

Shareholders who purchased shares of LNC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/lincoln-national-loss-submission-form/?id=79555&from=4

CLASS PERIOD: November 4, 2020 to November 2, 2022

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing a decline in its variable universal life insurance business; (2) as a result, the goodwill associated with the life insurance business was overstated; (3) as a result, the Company's policy lapse assumptions were outdated; (4) as a result, the Company's reserves were overstated; (5) as a result, the Company's reported financial results and financial statements were misstated; and (6) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

DEADLINE: June 24, 2024 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/lincoln-national-loss-submission-form/?id=79555&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LNC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 24, 2024. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-gross-law-firm-notifies-lincoln-national-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline--lnc-302144260.html

SOURCE The Gross Law Firm

Copyright 2024 PR Newswire

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