Accessibility StatementSkip Navigation NEW YORK, Sept. 19, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Lineage, Inc. ("Lineage, Inc." or the "Company") (NASDAQ: LINE) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lineage, Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all purchasers of Lineage common stock in or traceable to the registration statement used in connection with ...

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]. Company Overview - Lineage, Inc. is a cold storage-focused real estate investment trust (REIT) that operates temperature-controlled storage facilities for perishable products [3]. IPO and Allegations - 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]. Financial Performance - Following the IPO at $78 per share, Lineage's stock price has significantly declined to around $40 per share, approximately half of its initial value [5]. - In February 2025, Lineage reported that customers were returning to a "more normal seasonal pattern," indicating a shift in inventory management [5].

Group 1 - Lineage, Inc. (NASDAQ: LINE) shares have decreased by 50% from their all-time high, which was reached shortly after the company's IPO in July 2024 [1] - The decline in occupancy rates is attributed to industry overcapacity, which has negatively impacted growth prospects for the company [1] Group 2 - The Busted IPO Forum focuses on small-cap stocks that have been public for 18 months to 6 years and are significantly below their offering price [1]

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our ...

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 - 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., No. 2:25-cv-12383 [2]. - Investors who purchased stock during Lineage's IPO on or about July 25, 2024, are represented in the lawsuit, which asserts claims under Sections 11 and 15 of the Securities Act of 1933 [2][4]. 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]. - The company claimed in its IPO documents that it had "consistent cold chain demand" and strong cash flows, even during economic downturns [4]. Group 3: Financial Performance and Market Reaction - Following the IPO, Lineage's stock price has significantly declined from an initial price of $78 per share to around $40 per share, approximately half of its IPO value [5]. - In its fiscal Q4 2024 results announced on February 26, 2025, Lineage indicated that customers were "unwinding" excess inventory, returning to a more normal seasonal pattern [5].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Lineage, Inc. regarding a class action lawsuit related to the company's initial public offering (IPO) on July 26, 2024, alleging that the company made materially false and misleading statements about its financial health and business operations [1][3][4]. Summary by Relevant Sections Class Action Details - The lawsuit is on behalf of all purchasers of Lineage common stock during the specified class period linked to the IPO [3]. - Shareholders are encouraged to register for participation in the class action, with a deadline set for September 30, 2025 [5]. Allegations Against Lineage, Inc. - The complaint alleges that Lineage experienced a decline in customer demand due to increased cold-storage supply and a destocking of excessive inventory from the COVID-19 pandemic [4]. - It is claimed that the company implemented unsustainable price increases prior to the IPO, which could not be maintained amid weakening demand [4]. - Lineage reportedly failed to counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue, occupancy rates, and rent prices [4]. - The allegations suggest that the company's financial results and business prospects were materially impaired as a result of these issues [4]. Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring system to receive updates on the case [5]. - There is no cost or obligation for shareholders to participate in the class action [5]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [6].

Accessibility StatementSkip Navigation NEW YORK, Sept. 15, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lineage, Inc. (NASDAQ: LINE). Shareholders who purchased shares of LINE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/lineage-inc-loss-submission-form/?id=166891&fro ...

Company Overview - Lineage, Inc. is a Maryland-based Real Estate Investment Trust (REIT) focused on temperature-controlled cold-storage facilities [3] - The company conducted its initial public offering (IPO) in July 2024, selling over 65 million shares at $78 per share, raising more than $5 billion in gross proceeds [3] Legal Allegations - A class action lawsuit has been filed against Lineage and certain executives, directors, IPO underwriters, and sponsors, alleging violations of the Securities Act of 1933 [1][4] - The lawsuit claims that the registration statement was misleading, failing to disclose significant issues such as weakening customer demand, price increases that could not be sustained, and stagnant or falling revenue and occupancy rates [4] Financial Performance - Since the IPO, Lineage's stock price has dropped to around $40 per share, significantly below the IPO price [5] - The lawsuit alleges that instead of stable revenue growth and high occupancy rates, Lineage has been experiencing stagnant or declining financial metrics [4] Class Action Process - Investors who purchased Lineage common stock in connection with the IPO can seek appointment as lead plaintiff in the class action lawsuit [6] - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [6]

Core Viewpoint - A lawsuit has been filed against Lineage, Inc. and its senior executives for potential violations of federal securities laws, particularly related to misleading statements made during its IPO [1][2]. Company Overview - Lineage, Inc. is a cold storage-focused real estate investment trust (REIT) that operates temperature-controlled storage facilities for perishable products [3]. IPO and Allegations - 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 reduced excess inventory accumulated during the COVID-19 pandemic and shifted to leaner inventory practices [4]. Financial Performance - Following the IPO, which was priced at $78 per share, Lineage's stock price has significantly declined to around $40 per share, approximately 50% of its initial value [5]. - In February 2025, Lineage reported that customers were "unwinding" previously overbuilt inventory levels, indicating a return to a more normal seasonal pattern [5].

Core Viewpoint - A class action securities lawsuit has been filed against Lineage, Inc. due to alleged securities fraud affecting investors who purchased shares during the company's initial public offering on July 26, 2024 [1][2]. Class Definition - The lawsuit aims to recover losses for investors adversely affected by the alleged fraud, specifically targeting purchasers of Lineage common stock linked to the IPO registration statement [2]. Case Details - The complaint alleges that Lineage made false statements and concealed critical information, including: - Sustained weakening in customer demand due to increased cold-storage supply and destocking of excessive inventory from the COVID-19 pandemic [3]. - Price increases implemented prior to the IPO that could not be maintained amid declining demand [3]. - Inability to counteract adverse trends through operational efficiencies or competitive advantages [3]. - Actual performance showed stagnant or falling revenue, occupancy rates, and rent prices, contrary to claims of stable growth and high occupancy [3]. - Overall, Lineage's financial results, business operations, and prospects were materially impaired as a result of these issues [3]. Next Steps - Investors who suffered losses in Lineage, Inc. during the relevant timeframe have until September 30, 2025, to request appointment as lead plaintiff, although participation does not require this role [4]. Why Levi & Korsinsky - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders and consistently ranking among the top securities litigation firms in the U.S. [5].