Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, April 04, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Lincoln National Corporation (“Lincoln” or the “Company”) (NYSE: LNC) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Lincoln investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
Lincoln reported its third quarter 2022 financial results on November 2, 2022, which revealed a net loss of $2.6 billion in comparison to a net income of $318 million for the third quarter of 2021. Additionally, the company disclosed a $634 million goodwill impairment to the life insurance business. As a result, Lincoln's stock price fell by $17.27, or 33.2%, and closed at $34.83 per share on November 3, 2022. This news caused harm to investors.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
Attorney Advertising
