Lineage, Inc.(LINE)
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LINE STOCK NEWS: Lineage, Inc. Investors are Reminded of the Pending Lead Plaintiff Deadline; Contact Robbins LLP for Information on Leading the Class Action
Prnewswire· 2025-09-02 23:55
Core Viewpoint - Robbins LLP has filed a class action on behalf of shareholders of Lineage, Inc. alleging that the company misled investors during its 2024 IPO regarding its financial health and operational performance [1][2]. Group 1: Allegations Against Lineage, Inc. - The registration statement for Lineage's IPO filed on June 26, 2024, was claimed to be false and misleading, failing to disclose significant issues such as weakening customer demand and inventory destocking [2]. - Lineage's customers reportedly shifted to maintaining leaner cold-storage inventories due to changes in consumer trends, which was not communicated in the IPO documentation [2]. - The company had implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of declining demand [2]. - Contrary to the claims of stable revenue growth and high occupancy rates, Lineage was experiencing stagnant or falling revenue, occupancy rates, and rent prices [2]. Group 2: Stock Performance - Since the IPO, Lineage's stock price has dropped to approximately $40 per share, remaining significantly below the IPO price at the time of the complaint [3]. Group 3: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must submit their papers by September 30, 2025, although participation is not required to be eligible for recovery [4].
Shareholders that lost money on Lineage, Inc.(LINE) should contact Levi & Korsinsky about pending Class Action - LINE
Prnewswire· 2025-09-02 12:45
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]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors adversely affected by alleged false statements made by the company regarding its financial health and operational performance [2]. - Allegations include that Lineage was experiencing a decline in customer demand, leading to destocking of excessive inventory and a shift to leaner cold-storage inventories [3]. - The complaint states that Lineage had implemented unsustainable price increases prior to the IPO, which could not be maintained due to weakening demand [3]. - It is claimed that the company was unable to counteract adverse trends through operational efficiencies or competitive advantages, resulting in stagnant or falling revenue, occupancy rates, and rent prices [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until September 30, 2025, to request appointment as lead plaintiff in the lawsuit [4]. - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].
LINE COURT NOTICE: Did Lineage, Inc. Mislead Investors? Contact BFA Law about the Securities Class Action before September 30 Deadline
GlobeNewswire News Room· 2025-09-02 11:16
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 stress [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 50% of its initial value [5]. - In its fiscal Q4 2024 results, Lineage indicated that customers were returning to a more normal inventory pattern, which was expected to continue [5].
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Lineage, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LINE
GlobeNewswire News Room· 2025-09-01 15:02
Core Viewpoint - Rosen Law Firm is reminding purchasers of Lineage, Inc. common stock about the September 30, 2025 lead plaintiff deadline for a class action lawsuit related to the company's July 2024 IPO [1]. Group 1: Class Action Details - Investors who purchased Lineage common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by September 30, 2025 [3]. - The lawsuit claims that the registration statement was false and/or misleading, failing to disclose significant issues affecting Lineage's business operations and financial results [5]. Group 2: Allegations Against Lineage - The lawsuit alleges that Lineage experienced a sustained weakening in customer demand due to increased cold-storage supply and destocking of excessive inventory by customers [5]. - It is claimed that Lineage implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [5]. - The company reportedly could not counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or falling revenue, occupancy rates, and rent prices [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [4].
LINEAGE NOTICE: BFA Law Notifies Lineage, Inc. Investors of the Pending Securities Class Action – Contact BFA Law if You Lost Money (NASDAQ:LINE)
GlobeNewswire News Room· 2025-08-31 10:36
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 stress [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 [4]. Financial Performance - Following the IPO at $78 per share, Lineage's stock price has significantly declined to around $40 per share, approximately 50% of its initial value [5]. - In its fiscal Q4 2024 results, Lineage indicated that customers were returning to more normal inventory levels, which was expected to continue [5].
ROSEN, GLOBAL INVESTOR RIGHTS COUNSEL, Encourages Lineage, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LINE
GlobeNewswire News Room· 2025-08-29 17:00
Core Viewpoint - Rosen Law Firm is reminding investors of Lineage, Inc. about the September 30, 2025 deadline to join a class action lawsuit related to the company's IPO in July 2024 [1][2]. Group 1: Class Action Details - Investors who purchased Lineage common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by September 30, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that the registration statement for Lineage's IPO was misleading, failing to disclose significant issues such as weakening customer demand and inventory destocking [5]. - It is claimed that Lineage implemented unsustainable price increases prior to the IPO and could not counteract adverse market trends [5]. - The lawsuit asserts that instead of stable revenue growth, Lineage experienced stagnant or declining revenue, occupancy rates, and rent prices, materially impairing its financial results and business operations [5].
LINE INVESTOR NOTIFICATION: Lineage, Inc. Investors are Urged to Contact BFA Law before the September 30 Class Action Deadline (NASDAQ:LINE)
GlobeNewswire News Room· 2025-08-27 10:46
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 food and other 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 stress, while in reality, the company was experiencing a downturn due to customers destocking excess inventory and shifting to leaner inventories [4]. - The IPO was conducted at $78 per share, but the stock price has since fallen to around $40 per share, approximately half of the IPO price [5]. Financial Performance - Following the IPO, Lineage reported in February 2025 that customers were unwinding previously overbuilt inventory levels, indicating a return to a more normal seasonal pattern [5].
September 30, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against LINE
Prnewswire· 2025-08-26 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Lineage, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during the company's IPO period [1][2]. Allegations - The lawsuit claims that Lineage experienced a significant decline in customer demand due to increased cold-storage supply and destocking of excess inventory from the COVID-19 pandemic [2]. - It is alleged that Lineage raised prices prior to the IPO, which could not be maintained due to the weakening demand environment [2]. - The company reportedly failed to counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue, occupancy rates, and rent prices [2]. - 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 [2]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by September 30, 2025, to monitor the case's progress [3]. - Registration allows shareholders to receive updates and does not incur any costs or obligations [3]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements or omissions [4].
LINE STOCK ALERT: Lineage, Inc. Investors may have been Affected by Securities Violations -- Contact BFA Law by September 30 about the Class Action (NASDAQ:LINE)
GlobeNewswire News Room· 2025-08-25 12:44
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 inventories [4]. Financial Performance - Following the IPO, Lineage's stock price fell significantly from an initial price of $78 per share to around $40 per share, indicating a decline of approximately 50% [5]. - In February 2025, Lineage reported that customers were "unwinding" previously overbuilt inventory levels, returning to a more normal seasonal pattern [5].
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Lineage, Inc. (NASDAQ: LINE)
GlobeNewswire News Room· 2025-08-25 12:42
Core Viewpoint - A shareholder has filed a securities class action lawsuit against Lineage, Inc. on behalf of investors who purchased or acquired the company's common stock during its July 2024 IPO, alleging misrepresentations about the company's business and financial results [1][2]. Group 1 - The lawsuit is initiated by a shareholder representing a class of investors who acquired Lineage's common stock in connection with the IPO [1]. - The complaint alleges that the defendants made false statements regarding Lineage's business operations, historical financial performance, and industry trends at the time of the IPO [2]. - Investors interested in participating in the class action must file papers by September 30, 2025, to serve as lead plaintiff, although participation in any recovery does not require this role [3]. Group 2 - Bernstein Liebhard LLP, the law firm handling the case, has a history of recovering over $3.5 billion for clients and has represented large public and private pension funds [4]. - The firm has been recognized for its litigation success, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [4].