NEW
YORK, May 29, 2024 /PRNewswire/ -- The
Gross Law Firm issues the following notice to shareholders of
Lincoln National Corporation (NYSE: LNC).
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=81725&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the Company's policy lapse assumptions were outdated; (4) as a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=81725&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
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SOURCE The Gross Law Firm
