Lincoln Educational Services Corp.
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If you suffered a loss on your Lincoln Educational Services Corp. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.
Background
On August 10, 2026, Lincoln Educational reported earnings for the second quarter of 2026, revealing student starts increased only approximately 1%. During the Company’s accompanying earnings call, management stated “the lower start volume contributed to a higher cost per start” and issues with new student starts occurred “basically system-wide” and “across the board … by program.”
On this news, Lincoln Educational’s stock fell $10.22 or 24.93% to close at $30.77 on August 10, 2026, thereby injuring investors.
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) that the Company’s admissions process was not effectively converting students from enrollment to start; (2) that, as a result, the Company was experiencing a significant drop in student starts relative to enrollment; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
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