NEW
YORK, May 3, 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=77845&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were outdated; (4) as a result, the Company's reserves were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=77845&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 Gross Law Firm