Goldfarb Branham Law Firm LLP Investigates Shareholder Claims Against Lincoln Educational Services Corporation
Goldfarb Branham LLP is investigating Lincoln Educational Services Corp. (NASDAQ: LINC) due to allegations that the company improperly inflated its financial results by manipulative recruiting tactics. Concerned investors should contact Hamilton Lindley at 877-583-2855 or firstname.lastname@example.org.
The complaint alleges that despite extensive positive statements by defendants in press releases and SEC filings, those statements were false because: (1) defendants had propped up the Company's results by fraudulently inducing students to enroll in Lincoln's scholastic and educational programs and engaged in other manipulative recruiting tactics; (2) defendants had materially overstated the Company's growth prospects by failing to properly disclose that defendants had engaged in illicit and improper recruiting activities, which also had the effect of artificially inflating the Company's reported results and future growth prospects; and (3) Lincoln did not maintain adequate systems of internal operational or financial controls, which would have permitted Lincoln's reported operational statements and foreseeable growth prospects to be true, accurate or reliable. Following these disclosures, shares of the Company collapsed -- falling over $4.30, or 20% in a single trading day, on unusually high trading volume.
If you own Lincoln Educational Services common stock and would like more information regarding your rights as a shareholder, please call the firm at 877-583-2855 or
email@example.com. Goldfarb Branham LLP provides nimble, creative and aggressive representation of its clients. The firm has represented shareholders in securities litigation across the country.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV