Levi & Korsinsky Notifies Lincoln National Corporation Investors of Class Action Lawsuit and Upcoming Deadline

NEW YORK, June 14, 2024 /PRNewswire/ — Levi & Korsinsky, LLP notifies investors in Lincoln National Corporation (“Lincoln National” or the “Company”) (NYSE: LNC) in a securities class action lawsuit.

CLASS DEFINITION: The aim of the lawsuit is to recover losses on behalf of Lincoln National investors caused by allegedly Securities Fraud between 4 November 2020 And 2 November 2022. Follow the link below for more information and to be contacted by a member of our team:

Lincoln National Lawsuit Submission Form

LNC Investors can also Joseph E. Levi, Esq. per email to (email protected) or by phone at (212) 363-7500.

CASE DETAILS: The complaint filed claims that Defendants misrepresented and/or concealed that (1) the Company was experiencing a decline in its variable life insurance business; (2) as a result, the goodwill associated with the life insurance business was overstated; (3) as a result, the Company’s assumptions regarding policy lapses were outdated; (4) as a result, the Company’s reserves were overstated; (5) as a result, the Company’s reported financial results and financial statements were misstated;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.

WHAT’S NEXT? If you have suffered a loss with Lincoln National during the relevant period, you have until 24 June 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any compensation is not dependent on your serving as lead plaintiff.

NO COST TO YOU: If you are a member of a class action lawsuit, you may be entitled to compensation without incurring any out-of-pocket costs or fees. Participation is free of charge and involves no obligations.

WHY LEVI & KORSINSKY: Over the past 20 years, the Levi & Korsinsky team has recovered hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive experience representing investors in complex securities litigation and a team of over 70 people dedicated to serving our clients. For seven consecutive years, Levi & Korsinsky has been recognized as one of the leading securities litigation firms in the ISS Securities Class Action Services Top 50 Report. The United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
(email protected)
Phone: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

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