Kirby McInerney LLP Alerts Investors Who Acquired Lincoln Educational Services Corporation LINC Securities Between May 11, 2026 and August 9, 2026 of Pending Lawsuit
Kirby McInerney LLP reminds Lincoln Educational Services Corporation (“Lincoln” or the “Company”) (NASDAQ: LINC)
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Kirby McInerney LLP reminds Lincoln Educational Services Corporation (“Lincoln” or the “Company”) (NASDAQ: LINC) investors of the November 10, 2026 deadline to seek the role of lead plaintiff in a pending federal securities class action. Investors are encouraged to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is The Lawsuit About?
The lawsuit has been filed on behalf of investors who purchased securities during the period of May 11, 2026 through August 9, 2026, inclusive (“the Class Period”). The lawsuit alleges that Lincoln made false and/or misleading statements and failed to disclose that: (i) the Company’s admissions process was not effectively converting students from enrollment to start; and (ii) as a result, the Company was experiencing a significant drop in student starts relative to enrollment.
On August 10, 2026, Lincoln reported its second quarter 2026 financial results, revealing that student starts increased by only 1% year-over-year, despite enrollment growing 9%, “as fewer enrolled students than expected attended the first day of class.” On this news, the price of Lincoln shares declined by $10.22 per share, or approximately 24.93%, from $40.99 per share on August 7, 2026 to close at $30.77 on August 10, 2026.
[CLICK HERE TO LEARN MORE ABOUT THE LAWSUIT]
What Should I Do?
If you purchased or otherwise acquired Lincoln securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
What is the Lead Plaintiff Deadline?
Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements here.
[LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS]
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found on Kirby McInerney LLP’s website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261007536486/en/
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