Lineage, Inc.(LINE)
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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Lineage, Inc. - LINE
Globenewswire· 2025-09-10 17:51
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]
LINE LAWSUIT ALERT: Lineage, Inc. Hit with Securities Class Action after 17% Stock Drop – Investors Urged to Contact BFA Law
Globenewswire· 2025-09-10 11:07
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 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 Background - 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, attributing potential growth to trends accelerated by the COVID-19 pandemic [4]. Group 3: Financial Performance - 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 reducing excess inventory, returning to a more normal seasonal pattern, which is expected to continue [5].
LINE LAWSUIT ALERT: Levi & Korsinsky Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-09-09 13:00
Core Viewpoint - A class action securities lawsuit has been filed against Lineage, Inc. alleging securities fraud related to its initial public offering (IPO) on July 26, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Lineage common stock in connection with the IPO [2]. - The complaint alleges that Lineage made false statements and concealed significant issues, including a decline in customer demand due to increased cold-storage supply and destocking of excessive inventory from the COVID-19 pandemic [3]. - It is claimed that Lineage's price increases prior to the IPO were unsustainable given the weakening demand environment [3]. - 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 [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Lineage, Inc. during the relevant period have until September 30, 2025, to request appointment as lead plaintiff [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [4]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [5]. - The firm is recognized as one of the top securities litigation firms in the United States, ranking in ISS Securities Class Action Services' Top 50 Report for seven consecutive years [5].
LINE NOTICE: Lineage, Inc. Investors Urged to Contact Kirby McInerney LLP About Securities Fraud Lawsuit
Globenewswire· 2025-09-08 21:26
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds Lineage, Inc. (“Lineage” or the “Company”) (NASDAQ:LINE) investors of the September 30, 2025 to seek lead plaintiff appointment in the class action filed on behalf of investors who acquired Lineage securities between July 22, 2024 through August 1, 2025 (“the Class Period”). Follow the link below for more information: [CONTACT THE FIRM IF YOU SUFFERED A LOSS] What Happened? On April 30, 2025, Lineage reported first quar ...
Levi & Korsinsky Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – LINE
Globenewswire· 2025-09-08 20:17
NEW YORK, Sept. 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 ...
LINEAGE, INC. (NASDAQ: LINE) SHAREHOLDER ALERT: Bernstein Liebhard LLP Reminds Lineage, Inc. Investors of Upcoming Deadline
Globenewswire· 2025-09-08 14:16
Group 1 - The article discusses a securities fraud class action lawsuit against Lineage, Inc. initiated by investors who purchased or acquired the company's common stock related to its July 2024 IPO [3][4]. - The lawsuit alleges that Lineage and certain senior officers made misrepresentations regarding the company's business, historical financial results, and industry trends at the time of the IPO [4]. - Investors interested in participating as lead plaintiffs must file necessary documents by September 30, 2025, although participation in any recovery does not require serving as a lead plaintiff [5]. Group 2 - Bernstein Liebhard LLP, the law firm handling the case, has a history of recovering over $3.5 billion for clients and has been recognized for its success in litigating class actions [6].
Shareholders that lost money on Lineage, Inc.(LINE) should contact The Gross Law Firm about pending Class Action - LINE
Prnewswire· 2025-09-08 12:45
Group 1 - The Gross Law Firm has issued a notice to shareholders of Lineage, Inc. regarding potential legal matters [1]
LINE SHAREHOLDERS: Lineage, Inc. Downturn Triggers Class Action -- Contact BFA Law by September 30 if You Lost Money (NASDAQ:LINE)
Globenewswire· 2025-09-08 12:36
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Lineage, Inc. (NASDAQ: LINE) and certain of the Company’s senior executives and directors for potential violations of the federal securities laws. If you invested in Lineage, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/lineage-inc-class-action-lawsuit. Investors have until September 30, 2025, to ask the Court to ...
Lineage Cell Therapeutics Initiates Cell Transplant Program In Type 1 Diabetes
Businesswire· 2025-09-08 12:00
CARLSBAD, Calif.--(BUSINESS WIRE)---- $LCTX #LineageCellTherapeutics--Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing novel allogeneic, or "off the shelf†, cell therapies for serious medical conditions, today announced the initiation of a new islet cell transplant program in Type 1 Diabetes (T1D). Specifically, the company aims to deploy its manufacturing capability to address the issue of large-scale production of islet cells, with the ini ...
Lineage, Inc. (NASDAQ: LINE) Faces Legal Challenges Amidst Revised Price Targets
Financial Modeling Prep· 2025-09-08 11:00
Scotiabank analyst Greg McGinniss sets a new price target of $43 for NASDAQ:LINE, indicating a potential upside of 5.94%.The stock's volatility is highlighted by its year-long fluctuation between $84.86 and $38.83.Rosen Law Firm encourages investors to seek legal counsel ahead of a lead plaintiff deadline, potentially affecting investor sentiment and stock performance.Lineage, Inc. (NASDAQ: LINE) is a company that has recently caught the attention of investors and analysts alike. On September 5, 2025, Greg ...