LINCOLN EDUCATIONAL SERVICES CORP. (NASDAQ: LINC) INVESTORS: Hagens Berman Alerts Investors to Securities Class Action Lawsuit, Encourages LINC Shareholders with Losses to Contact the Firm

Lincoln Educational Services Corporation (NASDAQ: LINC ) faces a securities class action seeking to represent investors who purchased or otherwise acquired Lincoln Educational securities between May 11, 2026 and August 9, 2026.

The suit follows the company's August 10, 2026 announcement of Q2 2026 results containing a surprisingly slow student starts metric which drove the price of company shares down $10.22 (-24.9%).

The lawsuit is focused on the propriety of Lincoln Educational's statements about its student starts, a metric that features prominently within the company's financial reports.

On May 11, 2026, Lincoln Educational reported its Q1 2026 earnings and held its related investor call. Among other things, management emphasized "[t]he 19.5% student start growth during the first quarter exceeded our expectations, which has led to increasing our student start growth guidance for the full year to between 10% and 14%." During the related investor call, management emphasized "the continuing momentum in our business" and "strong, sustained demand" in the business.

The market reacted favorably to the news and narrative going forward, sending the price of Lincoln Educational shares up $4.75 (+10.6%) that day.

Investors' expectations were dashed on August 10, 2026, when the company reported its Q2 2026 earnings and held its related investor call. Of significant concern was the revelation that student starts grew a paltry 1%, seemingly at odds with the "continuing momentum" and "strong, sustained demand" narrative conveyed just three months earlier.

In addition, management said "[d]uring the first quarter of this year, we achieved student start growth of nearly 20%, and we expected second quarter start growth to moderate to approximately half this rate."

This news drove the price of Lincoln Educational shares down $10.22 (-24.9%), wiping out over $300 million of the company's market capitalization in a single day.

We're focused on whether Lincoln Educational may have intentionally misled investors about its student start metrics," said Reed Kathrein , the Hagens Berman partner leading the firm's investigation of the allege claims in the pending suit.