Core Viewpoint - A class action lawsuit has been filed against Lineage, Inc. for alleged material misrepresentations in its IPO registration statement, impacting investors who purchased shares during the IPO [2][4]. Company Information - Lineage, Inc. filed a registration statement for its IPO on June 26, 2024, which was declared effective on July 24, 2024 [3]. - The company’s stock price has fallen to approximately $40 per share, which is about half of the IPO price since the IPO occurred [5]. Legal Proceedings - The lawsuit is on behalf of all individuals and entities who purchased or acquired Lineage's initial public offerings, with a deadline of September 30, 2025, for investors to apply to be appointed as lead plaintiff [2]. - The complaint alleges that the registration statement contained material misrepresentations regarding Lineage's business and financial results, particularly concerning the impact of the COVID-19 pandemic on cold storage demand [4].

NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Lineage, Inc. ("Lineage" or "the Company") (NASDAQ: LINE) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Lineage securi ...

Core Viewpoint - A lawsuit has been filed against Lineage, Inc. and its senior executives for potential violations of federal securities laws related to its IPO and subsequent financial performance [1][2]. Group 1: Lawsuit Details - Investors have until September 30, 2025, to request to lead the case, which is based on claims under Sections 11 and 15 of the Securities Act of 1933 [2]. - The lawsuit is pending in the U.S. District Court for the Eastern District of Michigan, specifically titled City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., et al. [2]. Group 2: Company Overview - Lineage, Inc. operates as a cold storage-focused real estate investment trust (REIT), owning and managing temperature-controlled storage facilities for perishable products [3]. Group 3: Allegations and Financial Performance - The IPO documents claimed that Lineage had "consistent cold chain demand" and strong cash flows, suggesting resilience during economic downturns [4]. - Contrary to these claims, it is alleged that Lineage was experiencing a downturn as customers destocked excess inventory and shifted to leaner inventories [4]. - Following the IPO on July 25, 2024, at $78 per share, the stock price has significantly declined to around $40 per share, nearly a 50% drop [5].

NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Michigan on behalf of all persons or entities who purchased the securities of Lineage, Inc. (“Lineage” or the “Company”) (NASDAQ: LINE) in its July 2024 initial public offering (the “IPO”) or thereafter. The Complaint alleges that, throughout the IPO, Defendants made materially false and misleading statements bec ...

Core Viewpoint - A class action lawsuit has been filed against Lineage, Inc. for alleged violations of federal securities laws related to misleading statements made during its IPO process [1][4]. Group 1: Lawsuit Details - The Schall Law Firm is representing investors who purchased Lineage's securities during its IPO in July 2024 and encourages them to contact the firm before September 30, 2025 [2]. - The lawsuit claims that Lineage made false and misleading statements that led to a weakening of demand as customers destocked excessive inventory and adjusted to changing consumer trends [4]. Group 2: Company Performance Issues - Lineage reportedly raised prices unsustainably prior to the IPO and failed to address demand problems through marketing or leveraging competitive advantages [4]. - The company's public statements are alleged to have been false and materially misleading throughout the class period, resulting in investor damages when the truth was revealed [4].

Core Points - A shareholder class action lawsuit has been filed against Lineage, Inc. alleging that the company's Registration Statement related to its IPO contained material misrepresentations and omissions [1] - The lawsuit claims that Lineage is experiencing stagnant or declining revenue, occupancy rates, and rent prices [1] Company Information - The lawsuit pertains to shares purchased during Lineage's IPO in July 2024, with investors encouraged to discuss their legal rights if they experienced significant losses [2] - The deadline for investors to request to be appointed as lead plaintiff in the case is September 30, 2025 [3] - Holzer & Holzer, LLC is representing the shareholders and has a history of recovering hundreds of millions of dollars for investors affected by corporate misconduct [3]

Core Points - A shareholder has filed a securities class action lawsuit on behalf of investors who purchased or acquired common stock of Lineage, Inc. in connection with the Company's July 2024 IPO [1][2] - The lawsuit alleges that the defendants made misrepresentations regarding Lineage's business, historical financial results, and industry trends at the time of the IPO [2] Summary by Sections - **Lawsuit Details** - The lawsuit is aimed at investors who bought shares during the IPO and claims misrepresentation by the defendants [1][2] - Investors wishing to serve as lead plaintiff must file by September 30, 2025, and representation is on a contingency fee basis [3] - **Firm Background** - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented large public and private pension funds [4]

Core Viewpoint - The article discusses a class action lawsuit against Lineage, Inc. related to its July 2024 IPO, alleging that the company and its executives misled investors regarding its financial health and market conditions [1][3]. Company Overview - Lineage, Inc. is a Maryland-based Real Estate Investment Trust (REIT) that specializes in temperature-controlled cold-storage facilities [2][3]. - The company raised over $5 billion by selling over 65 million shares at $78 per share during its IPO [2]. Allegations of the Lawsuit - The lawsuit claims that the registration statement for the IPO was false or misleading, failing to disclose several critical issues: - Lineage was experiencing a decline in customer demand due to increased cold-storage supply and a shift in customer inventory strategies post-COVID-19 [3]. - The company had raised prices prior to the IPO, which could not be sustained amid weakening demand [3]. - Lineage was unable to mitigate adverse trends through operational efficiencies or competitive advantages [3]. - Contrary to claims of stable revenue growth and high occupancy rates, the company faced stagnant or declining revenue, occupancy rates, and rent prices [3]. - As a result, Lineage's financial results and business prospects were significantly impaired [3]. Stock Performance - Since the IPO, Lineage's stock price has dropped to around $40 per share, remaining substantially below the IPO price at the time of the lawsuit filing [4]. Legal Process - Investors who purchased Lineage common stock in connection with the IPO can seek to be appointed as lead plaintiff in the class action lawsuit [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6].

Core Insights - Preformed Line Products Company reported a strong financial performance in Q2 2025, with net sales increasing by 22% year-over-year to $169.6 million, driven by growth in both energy and communications markets [1][9] - The company experienced a net income of $12.7 million for Q2 2025, representing a 35% increase compared to $9.4 million in Q2 2024, with diluted earnings per share rising to $2.56 [2][9] - For the first half of 2025, net sales reached $318.1 million, a 14% increase from $279.6 million in the same period of 2024, with all segments contributing to the growth [3][4] Financial Performance - Q2 2025 net sales were $169.6 million, up from $138.7 million in Q2 2024, marking a 22% increase [1] - Gross profit margin improved to 32.7% in Q2 2025, an increase of 80 basis points from the previous year [2][9] - Year-to-date net income for the first half of 2025 was $24.2 million, or $4.89 per diluted share, compared to $19.0 million, or $3.83 per diluted share, for the same period in 2024 [4] Market Dynamics - The sales growth was supported by strong performance in the USA energy and communications sectors, as well as contributions from international operations and the acquisition of JAP Telecom [5] - Foreign currency translation negatively impacted net sales by $0.5 million in Q2 2025 and $4.9 million for the first six months of 2025 [1][3] Operational Insights - The company is actively managing the impact of tariffs on international goods, which has created uncertainty in customer demand [5] - PLP's commitment to USA manufacturing is seen as a competitive advantage in the current high-tariff environment, although it may lead to increased costs for key commodities [5]

Core Insights - Norwegian Cruise Line is enhancing the guest experience at Great Stirrup Cay with new attractions and amenities, including a waterpark and various recreational facilities [2][3][8] Group 1: Waterpark Features - Great Tides Waterpark will feature 19 waterslides, a nearly 800-foot dynamic river, and a 9,000-square-foot splash zone for kids, offering a mix of adrenaline and relaxation [3][6] - The Tidal Tower will include eight waterslides, with the two tallest providing thrilling experiences, and select slides will have conveyor belts for easier access [4] - Cliffside Cove will introduce racer slides and cliff jumps, marking a first in the cruise industry, along with a family slide for simultaneous use by four guests [5] Group 2: Additional Island Enhancements - A new heated pool area, a multi-ship pier, and an island-wide tram service will improve accessibility and comfort for guests [8] - The Great Life Lagoon will feature private cabanas, two swim-up bars, and a vibrant atmosphere with a DJ at the Reef Bar [9] - Horizon Park will offer various recreational activities, including lawn games and a mini-golf course, while Hammock Bay will provide a relaxing environment with over 50 hammocks [10] Group 3: Marketing and Promotions - Norwegian Cruise Line is launching a nationwide sweepstakes from July 29 to August 31, 2025, offering 250 cruises to Great Stirrup Cay [11] - Consumer activations in New York City and Miami will promote the island experience, featuring immersive environments and opportunities to win cruise giveaways [12][14] - The company anticipates welcoming one million guests to Great Stirrup Cay in 2026, with new ships and itineraries planned to meet growing demand [15] Group 4: Special Offers - Norwegian Cruise Line is currently offering up to $1,500 off Caribbean and Bahamas sailings as part of "The Great Life Sale," along with additional benefits for Latitudes Members [16]