Gross Law Firm Notifies Lincoln National Corporation Investors of Class Action Lawsuit and Upcoming Deadline

NEW YORK, May 10, 2024 /PRNewswire/ — Gross Law Firm issues the following notice to shareholders Lincoln National Corporation (NYSE:LNC).

Shareholders who purchased shares of LNC stock during the specified Class Period are encouraged to contact the company regarding possible appointment as lead plaintiff. Appointment as lead plaintiff is not required to participate in a recovery.

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Lincoln National Loss Submission Form

SCHOOL HOUR: November 4, 2020 To November 2, 2022

Accusations: The complaint claims that during the Class Period, Defendants made 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with the life insurance business was overstated; (3) As a result, the Company’s policy expiration assumptions were outdated; (4) As a result, the company’s reserves were overstated; (5) As a result, the Company’s reported financial results and statements were misstated; and (6) as a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 lawsuit. Register your details here: https://securitiesclasslaw.com/securities/lincoln-national-loss-submission-form/?id=78984&from=4

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

WHY LARGE LAW FIRM? Gross Law Firm is a nationally recognized class action law firm. Our mission is to protect the rights of all investors who have suffered as a result of deception. Fraudand illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and promote good social responsibility. The Company seeks compensation on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company resulted in artificial inflation of the Company’s shares.

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E-mail: (email protected)
Phone: (646) 453-8903

SOURCE The Gross Law Firm