ATLANTA, GA – – (Globe Newswire – April 25, 2024) – – A shareholder class action lawsuit has been filed against Lincoln National Corporation (“Lincoln National” or the “Company”) (NYSE: LNC). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding the Company’s business, operations, and prospects, including allegations that: (1) the Company was experiencing a decline in its variable universal life insurance business; (2) as a result, the goodwill associated with the life insurance business was overstated; (3) as a result, the Company’s policy lapse assumptions were outdated; (4) as a result, the Company’s reserves were overstated; and (5) as a result, the Company’s reported financial results and financial statements were misstated.

If you bought Lincoln National shares between November 4, 2020 and November 2, 2022, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Marshall Dees, Esq. at mdees@holzerlaw.com, by toll-free telephone at (888)-508-6832 or, you may visit the firm’s website at www.holzerlaw.com/case/lincoln-national/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is June 24, 2024.