LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lincoln National Corporation (“Lincoln National” or “the Company”) (NYSE: LNC) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lincoln National suffered from a decline in its variable universal life insurance business. Due to this decline, the Company’s goodwill associated from its life insurance business was overstated. The Company’s policy lapse assumptions were out of date. Therefore, the Company’s reserves were overstated. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Lincoln National, investors suffered damages.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
