According to a press release a law firm is currently on behalf of certain former and current employees of Lincoln National Corporation (NYSE:LNC) investigating potential violations by the Lincoln National Corporation (NYSE:LNC) in regards to the Employee Retirement Income Security Act of 1974 (ERISA).

According to the press release the investigation focuses on investments in Lincoln National Corporation (NYSE:LNC) stock in the Lincoln National Corporation Employees Savings and Profit-Sharing Plan and the Lincoln National Insurance Company Agents Savings and Profit-Sharing Plan (collectively, the Plans). The investigation involves concerns that Lincoln National Corp and other administrators of the Plans may have breached their ERISA-mandated fiduciary duties of loyalty and prudence to participants and beneficiaries of the Plans. A breach may have occurred if the fiduciaries failed to manage the assets of the Plans prudently and loyally by investing the assets in Company stock when it was no longer a prudent investment for participants retirement savings, so the investigation.