Lincoln National Corporation

30 Days Left

Class Action Period:
November 04, 2020 - November 02, 2022

Lead Plaintiff Deadline:
June 24, 2024

Case Form

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Allegations

The filed complaint alleges that Lincoln National Corporation 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with the life insurance business was overstated; (3) as a result, the Company’s policy lapse assumptions were outdated; (4) as a result, the Company’s reserves were overstated; (5) as a result, the Company’s reported financial results and financial statements were misstated;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.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Lincoln National purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Lincoln National during the relevant time frame, you have until June 24, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.