New York, New York--(Newsfile Corp. - October 20, 2026) - The law firm of Kirby McInerney LLP reminds Lincoln Educational Services Corporation ("Lincoln" or the "Company") (NASDAQ: LINC) investors who acquired Lincoln securities between May 11, 2026 and August 9, 2026, inclusive ("the Class Period") of the November 10, 2026 deadline to seek lead plaintiff appointment in the pending class action lawsuit.

Investors are encouraged to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

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What Is The Lawsuit About?

The lawsuit alleges that Lincoln made false and/or misleading statements and failed to disclose that: (i) the Company's admissions process was not effectively converting students from enrollment to start; and (ii) as a result, the Company was experiencing a significant drop in student starts relative to enrollment.

On August 10, 2026, Lincoln reported its second quarter 2026 financial results, revealing that student starts increased by only 1% year-over-year, despite enrollment growing 9%, "as fewer enrolled students than expected attended the first day of class." On this news, the price of Lincoln shares declined by $10.22 per share, or approximately 24.93%, from $40.99 per share on August 7, 2026 to close at $30.77 on August 10, 2026.

[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]

What Should I Do?

Courts do not consider applications filed after the lead plaintiff deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements here.

If you purchased or otherwise acquired Lincoln securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form above, to discuss your rights or interests with respect to these matters at no cost.

[WHAT SHOULD I KNOW ABOUT SECURITIES CLASS ACTIONS?]

Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found on Kirby McInerney LLP's website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319890

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