Skip to main content

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Lincoln National Corporation (LNC) on Behalf of Investors

Law Offices of Howard G. Smith announces an investigation on behalf of Lincoln National Corporation (“Lincoln” or the “Company”) (NYSE: LNC) investors concerning the Company’s possible violations of federal securities laws.

On November 2, 2022, Lincoln released its third quarter 2022 financial results, reporting a net loss of $2.6 billion compared to a net income of $318 million for the third quarter of 2021. The Company also disclosed that it “incurred a $634 million goodwill impairment to the life insurance business.”

On this news, Lincoln’s stock price fell $17.27, or 33.2%, to close at $34. 83 per share on November 3, 2022, thereby injuring investors.

If you purchased Lincoln securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  248.67
-0.35 (-0.14%)
AAPL  259.42
+0.59 (0.23%)
AMD  254.76
-0.31 (-0.12%)
BAC  54.94
+1.59 (2.98%)
GOOG  330.42
-0.16 (-0.05%)
META  669.13
+6.64 (1.00%)
MSFT  399.95
+6.84 (1.74%)
NVDA  198.37
+1.86 (0.95%)
ORCL  170.09
+7.09 (4.35%)
TSLA  364.55
+0.35 (0.10%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.