LINC EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Lincoln Educational Services Investors of Securities Class Action Lawsuit Deadline on November 10, 2026

Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Lincoln Educational Services Corporation ("Lincoln" or the "Company") (NASDAQ: LINC) and reminds investors of the November 10, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose 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.

On August 10, 2026, before the market opened, Lincoln reported earnings for the second quarter of 2026, disclosing 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," and that "during the quarter, we observed changes in the student decision-making process that affected conversion from enrollment to start."

On this news, 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.

The lawsuit alleges that Lincoln Educational Services Corporation and certain of its officers and directors made materially misleading statements and/or statements that lacked a reasonable basis during the Class Period from May 11, 2026 through August 9, 2026. Specifically, the complaint alleges that Defendants knew or recklessly disregarded that the Company's admissions process was not effectively converting enrolled students into actual student starts, and that the Company was allegedly experiencing a significant and undisclosed decline in that conversion rate.