NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Lincoln National Corporation ("Lincoln" or the "Company") (NYSE:LNC) in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons and entities who purchased or otherwise acquired Lincoln securities between November 4, 2020 and November 2, 2022, both dates inclusive (the "Class Period"). Investors have until June 24, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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On November 2, 2022, after the market closed, Lincoln National released its third quarter 2022 financial results, reporting a net loss of $2.6 billion for the quarter. This was compared to a net income of $318 million for the third quarter of 2021 the previous year. The Company explained "[t]he current ...