What Does Lincoln Educational Services Corp.'s 24.93% Stock Drop Mean for Investors? The Law Offices of Howard G. Smith Outlines Securities Fraud Class Action Lead Plaintiff Deadline
PR Newswire
BENSALEM TOWNSHIP, Pa., Oct. 21, 2026
Suit alleges Lincoln Educational Services Corp. failed to disclose key facts to investors from May 11, 2026 through August 9, 2026; lead plaintiff deadline is November 10, 2026
BENSALEM TOWNSHIP, Pa., Oct. 21, 2026 /PRNewswire/ -- The Law Offices of Howard G. Smith today reported that a securities class action lawsuit is pending against Lincoln Educational Services Corp. ("Lincoln" or the "Company") (NASDAQ: LINC) on behalf of investors who acquired its securities from May 11, 2026 through August 9, 2026. The Lincoln Educational Services Corp. case, Bacha v. Lincoln Educational Services Corporation et al., was filed on September 11, 2026 in the U.S. District Court for the District of New Jersey (Case No. 26-cv-11842).
Investors with losses on Lincoln Educational Services Corp. securities can contact the Law Offices of Howard G. Smith about the Lincoln Educational Services Corp. lawsuit before the November 10, 2026 lead plaintiff deadline.
Key deadlines and dates for Lincoln Educational Services Corp. investors
- Lead plaintiff deadline: November 10, 2026
- Class period: May 11, 2026 through August 9, 2026
- Complaint filed: September 11, 2026
What happened?
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.
What is the Lincoln Educational Services Corp. lawsuit about?
The Lincoln Educational Services Corp. securities lawsuit alleges that, between May 11, 2026 and August 9, 2026, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Lincoln Educational Services Corp.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose that: (1) the Company's admissions process was not effectively converting students from enrollment to start; (2) as a result, the Company was experiencing a significant drop in student starts relative to enrollment; and (3) as a result, defendants' positive statements about Lincoln Educational Services Corp.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
"The lawsuit against Lincoln Educational Services Corp. alleges that, among other things, the Company failed to tell investors that the Company's admissions process was not effectively converting students from enrollment to start. Lincoln Educational Services Corp. investors who bought during the class period may be able to pursue their losses, and the November 10, 2026 deadline is where that process begins," said Howard G. Smith of The Law Offices of Howard G. Smith.
Next steps for Lincoln Educational Services Corp. investors
Lincoln Educational Services Corp. investors who suffered losses may contact The Law Offices of Howard G. Smith to learn about pursuing their claims.
Lead plaintiff motions in the Lincoln Educational Services Corp. class action are due to the Court by November 10, 2026. For more information, visit the firm's website, email howardsmith@howardsmithlaw.com, or call (215) 638-4847.
If you purchased Lincoln Educational Services Corp. securities during the class period, you may retain counsel of your choice, or you may take no action and remain an absent class member. No class has been certified in the Lincoln Educational Services Corp. case so far.
Common questions from Lincoln Educational Services Corp. investors
Who is eligible? Investors who acquired Lincoln Educational Services Corp. securities from May 11, 2026 through August 9, 2026 and suffered losses may qualify for the class in the Lincoln Educational Services Corp. shareholder lawsuit.
What is the deadline? Lead plaintiff motions in the Lincoln Educational Services Corp. case are due by November 10, 2026.
Can I recover without being lead plaintiff? Yes, Lincoln Educational Services Corp. investors may take no action and remain absent class members.
Does it cost anything? The Law Offices of Howard G. Smith works on contingency, so investors pay no attorneys' fees unless there is a recovery, and any fees require court approval.
About The Law Offices of Howard G. Smith
The Law Offices of Howard G. Smith has helped injured investors recover their money for more than 15 years. The firm prosecutes securities fraud, takeover, and derivative litigation against public companies and their officers, directors, and advisors in federal and state courts nationwide, and has helped clients recover hundreds of millions of dollars in losses. Clients speak directly with a lawyer, who will promptly answer any question.
Prior results do not guarantee a similar outcome.
Related links
- Lincoln Educational Services Corp. case page, The Law Offices of Howard G. Smith
- Complaint: Bacha v. Lincoln Educational Services Corporation et al., U.S. District Court for the District of New Jersey
- press release
- Lincoln Educational Services Corp. SEC filings index, EDGAR
- The Law Offices of Howard G. Smith
Contact
The Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, PA 19020
Email: howardsmith@howardsmithlaw.com
Telephone: (215) 638-4847
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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