Core Viewpoint - A securities 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 [1][6]. Allegations - The lawsuit claims that Lineage misrepresented the state of its business and industry trends in its IPO Registration Statement, which was declared effective on July 24, 2024 [6]. - It is alleged that the company falsely claimed that COVID-19 had accelerated growth in cold storage demand, which would benefit the company in the long term [6]. - The lawsuit also states that Lineage concealed a sustained downturn in its business, including destocking by customers and a market-wide shift towards leaner inventories [6]. - Additionally, the increase in overall cold storage supply negatively impacted occupancy rates and pricing power, particularly as Lineage had implemented unsustainable price hikes [6]. Impact on Investors - Investors have until September 30, 2025, to seek appointment as lead plaintiff in the case [3]. Legal Representation - Wolf Haldenstein Adler Freeman & Herz LLP, a law firm with over 125 years of experience in securities litigation, is representing the investors in this case [4].

Core Viewpoint - The article discusses a class action lawsuit against Lineage, Inc. related to its July 2024 IPO, alleging violations of the Securities Act of 1933 due to misleading statements regarding the company's 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 appointment as lead plaintiff in the class action lawsuit, which allows them to represent the interests of all class members [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [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]. - The firm has a strong track record in prosecuting investor class actions, including some of the largest recoveries in history [6].

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Lineage, Inc. and its officers or directors [1] Group 1: Company Overview - Lineage, Inc. conducted its initial public offering on July 25, 2024, offering 56,882,051 shares at a price of $78.00 per share [3] - The company reported a total revenue of $1.29 billion for Q1 2025, reflecting a decrease of 2.7% compared to previous periods, attributed to more normal seasonal trends after elevated inventory levels [3] Group 2: Stock Performance - Following the Q1 2025 financial results announcement, Lineage's stock price dropped by $8.26 per share, or 14.62%, closing at $48.23 per share on April 30, 2025 [3]

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]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Michigan, with claims under Sections 11 and 15 of the Securities Act of 1933 for investors who purchased stock during the IPO on July 25, 2024 [2]. - Investors have until September 30, 2025, to request to lead the case [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 stress, while the reality was a downturn due to customers destocking excess inventory from the pandemic [4]. - Following the IPO, Lineage's stock price fell from $78 to approximately $40 per share, indicating a significant decline of nearly 50% [5].

NEW YORK, Aug. 08, 2025 (GLOBE NEWSWIRE) -- 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 the Company’s July 26, 2024 initial ...

Core Viewpoint - The article discusses a class action lawsuit against Lineage, Inc. related to its July 2024 IPO, alleging violations of the Securities Act of 1933 due to misleading statements regarding the company's 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 was facing 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 Representation - The plaintiffs are represented by Robbins Geller Rudman & Dowd LLP, a law firm known for its expertise in prosecuting investor class actions, particularly those involving financial fraud [4][6]. Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Lineage common stock in connection with the IPO to seek appointment as lead plaintiff in the class action lawsuit [5]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [5]. Firm Background - Robbins Geller is recognized as one of the leading law firms in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record, including the largest securities class action recovery in history, amounting to $7.2 billion in the Enron case [6].

LOS ANGELES, Aug. 08, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.  Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Sabl ...

NEW YORK, Aug. 8, 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 the Company's July 26, 2024 initial public ...

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 misleading statements and undisclosed information that negatively impacted the company's financial performance [1][3][4]. Group 1: Allegations - The lawsuit claims that Lineage experienced a significant decline in customer demand due to increased cold-storage supply and a destocking of excess inventory from the COVID-19 pandemic [4]. - It is alleged that Lineage raised prices prior to the IPO, which could not be sustained amid weakening demand [4]. - The company reportedly failed to mitigate adverse trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue, occupancy rates, and rent prices [4]. - As a result of these issues, Lineage's financial results and business prospects were materially impaired, contrary to the representations made in the registration statement [4]. Group 2: Class Action Details - Shareholders who purchased Lineage shares during the specified class period are encouraged to register for the class action, with a deadline of September 30, 2025, to seek lead plaintiff status [5]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [5]. - The Gross Law Firm emphasizes its commitment to protecting investors' rights and ensuring responsible business practices [6].

NEW YORK, Aug. 7, 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. NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LINE during the timeframe listed above, you will be enrolled ...