Lincoln(US:LNC) Prnewswireยท2024-06-20 09:45Core 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 financial misrepresentations during a specified period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from November 4, 2020, to November 2, 2022 [3]. - Allegations include that the company failed to disclose a decline in its variable universal life insurance business, leading to overstated goodwill and reserves, as well as misstated financial results [3]. - Shareholders are encouraged to register for the class action by June 24, 2024, to potentially become lead plaintiffs [4]. Group 2: Legal Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [5]. - The firm seeks recovery for investors who suffered losses due to misleading statements that inflated the company's stock price [5].