LOS ANGELES, June 4, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lincoln National Corporation ("Lincoln National" or "the Company") (NYSE: LNC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 4, 2020 and November 2, 2022, inclusive (the ...

NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Lincoln National Corporation (NYSE: LNC)? Did you purchase your shares between November 4, 2020 and November 2, 2022, inclusive? Did you lose money in your investment in Lincoln National Corporation? Do you want to discuss your rights? Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of Lincoln National Cor ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Lincoln National Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Lincoln National securities between November 4, 2020, and November 2, 2022, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 24, 2024 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Lincoln National - The lawsuit alleges that Lincoln National made materially false and misleading statements regarding its variable universal life insurance business, leading to overstated goodwill and reserves [5]. - Specific claims include outdated policy lapse assumptions and misstated financial results, which misled investors about the company's business operations and prospects [5].

Core Viewpoint - A class action lawsuit has been filed against Lincoln National Corporation for violations of federal securities laws, impacting investors who purchased stock between November 4, 2020, and November 2, 2022 [1][2] Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that during the Class Period, Lincoln National and its officers made false or misleading statements and failed to disclose critical information regarding the decline in its Variable Universal Life (VUL) business [2] - Specific allegations include overstated goodwill associated with the life insurance business, outdated policy lapse assumptions, and overstated reserves, leading to misstated financial results [2] Investor Impact - Following the revelation of the truth, Lincoln National's stock experienced a significant decline, resulting in financial losses for investors [3] - Investors who suffered losses exceeding $50,000 are encouraged to participate in the lawsuit, with a deadline to act by June 24, 2024 [3] Law Firm Background - Lowey Dannenberg P.C. is a law firm specializing in representing institutional and individual investors affected by corporate fraud and violations of federal securities laws, with a history of recovering billions for clients [4]

On this news, the price of Lincoln's shares fell by $17.27, or 33.2%, to close at $34.83 per share on November 3, 2022, on unusually heavy trading volume. The case is Meade v. Lincoln National Corporation, et al., No. 24-cv-01704. About Kahn Swick & Foti, LLC NEW ORLEANS, May 24, 2024 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 24, 2024 to file lead plaintiff applications in a securitie ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Lincoln National Corporation regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's financial health during a specified period [1][2]. Group 1: Allegations - The complaint alleges that during the class period from November 4, 2020, to November 2, 2022, Lincoln National Corporation made materially false and misleading statements [1]. - Specific allegations include a decline in the variable universal life insurance business, overstated goodwill, outdated policy lapse assumptions, and overstated reserves [1]. - As a result of these issues, the company's reported financial results and statements were misstated, leading to misleading positive statements about its business and prospects [1]. Group 2: Class Action Details - Shareholders who purchased shares of Lincoln National Corporation during the class period are encouraged to register for the class action, with a deadline of June 24, 2024, to seek lead plaintiff status [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Alistair Berg It was another stellar quarter for domestic annuity sales. According to LIMRA, total US annuity sales totaled $113.5 billion from January through March, a 21% jump from the same period a year earlier. It was barely under Q4 2023's record sum and the strongest first quarter since LIMRA began tracking data in the 1980s. There continues to be strong demand for protective investment solutions, be they annuities, structured notes, or buffered ETFs. Insurance providers appear to be in a sweet spot, ...

Core Insights - Lincoln National Corporation (LNC) has expanded its partnership with EvolutionIQ to improve its offerings in the disability insurance sector, particularly focusing on short-term disability after a successful collaboration in long-term disability that achieved an average customer satisfaction of 91% [1][2]. Group Protection Business - The integration of human-in-the-loop AI technology in LNC's disability claims processes signifies a strategic shift aimed at streamlining operations and enhancing outcomes, which is expected to improve claims management analytics and provide timely insights to claims professionals [2][3]. - The company is committed to investing in capabilities that enhance claim outcomes, which is anticipated to improve customer retention and attract new clients [3]. Financial Performance - LNC's Group Protection business has seen a 2.7% year-over-year increase in premiums in the first quarter of 2024, alongside a 12.5% improvement in sales across various product and market segments [4]. - The timely support and intervention for claimants are projected to reduce the duration and severity of claims, leading to lower claim costs and improved profitability [4]. Stock Performance - Over the past year, shares of Lincoln National have increased by 40.3%, outperforming the industry average growth of 25.4% [5].

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its ...

NEW YORK, May 21, 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: CONTACT: The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018 Email: [email protected] Phone: (646) 45 ...