Pomerantz Law Firm Announces Class Action Lawsuit Against Lincoln Educational Services Corp.
The Pomerantz Law Firm has filed a class action lawsuit against Lincoln Educational Services Corp. (NASDAQ: LINC), alleging securities fraud or other unlawful business practices involving the company and certain officers or directors. Investors who purchased shares during the specified period are advised to contact the firm by November 10, 2026, to potentially be appointed as Lead Plaintiff in the case. The lawsuit follows Lincoln Educational's August 10, 2026 earnings report for Q2 2026. The company disclosed that student starts increased only 1% year-over-year despite a 9% rise in enrollment due to fewer students attending classes on the first day. This news caused its stock price to drop by $10.22 per share, or 24.93%, closing at $30.77. Pomerantz LLP is one of the leading firms specializing in corporate and securities litigation. The firm has a long history of recovering damages for victims of financial misconduct.
Tickers: $LINC
Topics: class action earnings report securities fraud stock price drop