Did You Invest in Lincoln Educational (LINC) Between May 11 and August 9, 2026?
A Lincoln Educational securities class action has been filed against Lincoln Educational Services Corporation (“Lincoln Educational,” “Lincoln,” or the “Company”) (NASDAQ: LINC) and certain of its officers on behalf of investors who purchased or otherwise acquired Lincoln securities between May 11, 2026 and August 9, 2026, inclusive (the “Class Period”), and were damaged thereby.
The action is captioned Bacha v. Lincoln Educational Services Corporation, et al., Case No. 2:26-cv-11842-MCA-CF, filed on September 11, 2026 in the U.S. District Court for the District of New Jersey. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 promulgated thereunder.
Investors who purchased or otherwise acquired Lincoln Educational securities between May 11, 2026 and August 9, 2026 may have legal rights and are encouraged to contact Kehoe Law Firm, P.C. to discuss their legal rights without cost or obligation.
What Does the Lincoln Educational Securities Class Action Allege?
The complaint alleges that throughout the Class Period, the defendants made materially false and/or misleading statements and failed to disclose material adverse facts concerning Lincoln Educational’s business, operations, and prospects.
Specifically, the complaint alleges that the defendants failed to disclose that: Lincoln Educational’s admissions process was not effectively converting students from enrollment to start; the Company was experiencing a significant drop in student starts relative to enrollment; and, as a result, the defendants’ positive statements about Lincoln’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Lincoln’s August 10, 2026 Disclosures
On August 10, 2026, before the market opened, Lincoln reported earnings for the second quarter of 2026. The Company reported that student starts increased only approximately 1% year over year, despite enrollment growing approximately 9%, “as fewer enrolled students than expected attended the first day of class.”Lincoln further disclosed that “during the quarter, [it] observed changes in the student decision-making process that affected conversion from enrollment to start.”
During the accompanying earnings call, Lincoln’s Chief Financial Officer, Brian Meyers, stated that “a lower percentage have converted to starts” and that “the lower start volume contributed to a higher cost per start.”
LINC Stock Drop After the Q2 2026 Results
Following these disclosures, Lincoln’s stock price fell $10.22, or 24.93%, to close at $30.77 per share on August 10, 2026, on unusually heavy trading volume.
November 10, 2026 Lead Plaintiff Deadline
Investors who wish to seek appointment as lead plaintiff must do so by November 10, 2026. Investors do not need to seek appointment as lead plaintiff to remain potential members of the proposed class or to be eligible to share in any potential recovery.
Lincoln Educational Investors: Contact Kehoe Law Firm
If you purchased or otherwise acquired Lincoln Educational securities between May 11, 2026 and August 9, 2026, you are encouraged to complete Kehoe Law Firm’s confidential Stockholder Information Request Form or send us a message to discuss your potential legal rights.
For a free, no-obligation legal evaluation, contact:
Michael Yarnoff, Esq.
(215) 792-6676, Ext. 804
[email protected]
[email protected]
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action law firm representing investors, consumers, and employees in matters involving securities fraud, corporate misconduct, mergers and acquisitions, antitrust violations, whistleblower claims, data breaches, consumer fraud, employment law violations, and retirement-plan mismanagement. Its attorneys have served as lead or co-lead counsel in major securities cases, recovering more than $10 billion for institutional and individual investors.
Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning plaintiffs are not responsible for attorneys’ fees or litigation expenses. Any request for attorneys’ fees and expenses will be subject to court approval.
SEND US A MESSAGE
Contact Us
ADDRESS
Kehoe Law Firm, P.C.
2001 Market Street
Suite 2500
Philadelphia, PA 19103