ROSEN, LEADING INVESTOR COUNSEL, Encourages Lincoln National Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – LNC

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 - Specific claims include outdated policy lapse assumptions and misstated financial results, which misled investors about the company's business operations and prospects [5].