Lincoln Educational and Dick’s Sporting Goods face separate investor lawsuits

  • Lincoln Educational and Dick’s Sporting Goods face separate securities lawsuits alleging misleading disclosures about student starts and Foot Locker integration.
  • Lincoln shares fell 24.93% to $30.77 after 1% student-start growth, while Dick’s shares fell approximately 30% to $124.31 after weaker Foot Locker results.
  • The Lincoln class period runs from May 11 through August 9, 2026, and the Dick’s period from September 8, 2025, through August 24, 2026.

Lincoln Educational Services Corporation and Dick’s Sporting Goods, Inc. face separate securities class actions involving alleged investor disclosures and sharp stock declines in August 2026. Lincoln’s lawsuit covers securities purchased from May 11 through August 9, 2026, and followed its disclosure that second-quarter student starts rose 1% while enrollment increased 9%; its shares fell $10.22, or 24.93%, to $30.77 on August 10. Dick’s lawsuit covers common stock purchased from September 8, 2025, through August 24, 2026, and followed August 25 results showing Foot Locker revenue of $1.73 billion versus analysts’ $1.81 billion estimate, reduced full-year sales guidance and weaker comparable-sales expectations; Dick’s shares fell $55.02, or approximately 30%, to $124.31. Investors seeking lead-plaintiff status face November 10 and November 3, 2026, deadlines, respectively.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.