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1.79600926740363E-05 0.000377161946155656 -0.000341241760807456 -0.00249645288169692 -0.00752527883043871 -0.00896208624436506 -0.00393326029562315 -0.00501086585606775
Stock impact report

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Lincoln National Corporation (LNC)

Lincoln National Corporation (LNC) 
Last lincoln national corporation earnings: 2/5 04:15 pm Check Earnings Report
Company Research Source: GlobeNewswire
NEW YORK, April 26, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons and entities who purchased securities of Lincoln National Corporation (“Lincoln National” or the “Company”) (NYSE: LNC) between November 4, 2020 and November 2, 2022, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about Lincoln National’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Lincoln National 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with the life insurance business was overstated; (3) as a result, Lincoln National’s policy lapse assumptions were outdated; (4) as a result, Lincoln National’s re Show less Read more
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