Lincoln Educational faces securities class action
Lincoln Educational Services Corp. says it faces a securities class action over statements about student starts. The filing follows a sharp share-price drop after its Aug. 10 Q2 results.
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Lincoln Educational Services Corp. says it faces a securities class action over statements about student starts. The filing follows a sharp share-price drop after its Aug. 10 Q2 results.
A securities class action alleges Lincoln Educational Services made misleading statements about retention and conversion to student starts. The court set Nov. 10, 2026, as the lead plaintiff deadline.
Lincoln Educational has been sued in a securities class action following a 24% decline in its stock price, attributed to disclosed admissions issues.