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Investors Urged to Join Securities Fraud Lawsuit Against Lincoln Education

Shareholders who purchased Lincoln Educational Services Corporation stock between May 11, 2026, and August 9, 2026, face a November 10 deadline to seek lead plaintiff status in a pending class action lawsuit filed by Schall, Brown & Schwartz LLP.

Bio & NewsOctober 14, 20261,009 reads0

The litigation alleges that Lincoln violated the Securities Exchange Act of 1934 by issuing false and misleading statements to the market. Specifically, the complaint claims the company’s admissions process failed to convert enrolled prospects into active students, resulting in a significant discrepancy between enrollment figures and actual student starts. Investors contend these misrepresentations artificially inflated the company's value, causing financial harm when the underlying issues came to light.

Those who suffered losses during the class period are not required to act as lead plaintiff to participate in a potential recovery, though they must take steps to join the action. Interested parties can contact attorneys Brian Schall or David Schwartz at the firm’s Los Angeles office to discuss their legal standing and rights. The case is currently awaiting class certification, meaning investors remain unrepresented by counsel unless they affirmatively join the proceedings.

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