Lineage, Inc.(LINE)
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LINEAGE INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Lineage, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Securities Class Action Lawsuit - LINE
GlobeNewswire News Room· 2025-08-25 09:40
Core Viewpoint - Lineage, Inc. is facing a class action lawsuit due to alleged misleading statements in its IPO registration statement, which has resulted in significant stock price declines since the IPO [1][3][4]. Group 1: Class Action Lawsuit Details - The lawsuit, titled "City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc.," accuses Lineage and its executives of violating the Securities Act of 1933 [1][3]. - Investors who purchased Lineage common stock during or traceable to the July 2024 IPO have until September 30, 2025, to seek lead plaintiff status [1][5]. - The IPO raised over $5 billion by selling over 65 million shares at $78 per share [2][3]. Group 2: Allegations Against Lineage - The lawsuit claims that Lineage failed to disclose significant weakening in customer demand and changes in inventory management due to post-pandemic adjustments [3]. - It is alleged that Lineage implemented unsustainable price increases prior to the IPO, which could not be maintained in the current demand environment [3]. - The company reportedly experienced stagnant or declining revenue, occupancy rates, and rent prices, contrary to the representations made in the registration statement [3]. Group 3: Stock Performance - Since the IPO, Lineage's stock price has fallen to around $40 per share, significantly below the IPO price [4].
Lineage: Cold Storage And A 5.2% Dividend Yield
Seeking Alpha· 2025-08-24 07:26
Core Viewpoint - Lineage's stock has experienced a 55% decline over the past year, attributed to the REIT sector facing challenges from tariffs, high inflation, and elevated Federal Reserve interest rates compared to the previous two decades [1] Group 1: Market Conditions - The REIT space is currently influenced by tariffs, elevated inflation, and significantly higher Federal Reserve rates since 2022 [1] - The equity market is characterized by daily price fluctuations that can lead to substantial long-term wealth creation or destruction [1] Group 2: Investment Strategy - Pacifica Yield focuses on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and firms in the green energy sector [1]
LINE CLASS REMINDER: Suffer Losses on Your Lineage, Inc. Investment? Contact BFA Law before the September 30 Court Deadline (NASDAQ:LINE)
GlobeNewswire News Room· 2025-08-23 11:08
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 destocked excess inventory and shifted to leaner inventories [4]. Financial Performance - Following its 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].
Investors who lost money on Lineage, Inc.(LINE) should contact Levi & Korsinsky about pending Class Action - LINE
Prnewswire· 2025-08-22 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 and omissions made by Lineage, Inc. [2] - The complaint alleges that Lineage was experiencing a decline in customer demand due to increased cold-storage supply, destocking of excess inventory from the COVID-19 pandemic, and a shift to leaner inventory management by customers [3]. - It is claimed that Lineage implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [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, contrary to representations made in the registration statement [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 in the lawsuit [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: Law Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
The Gross Law Firm Reminds Lineage, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 30, 2025 – LINE
GlobeNewswire News Room· 2025-08-21 19:29
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 class period associated with 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 sustained weakening in customer demand due to increased cold-storage supply and destocking of excessive inventory from the COVID-19 pandemic [4]. - It is claimed that Lineage implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [4]. - 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 [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]. Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring software 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 dedicated to protecting investors' rights and ensuring responsible business practices [6].
LINE DEADLINE NOTICE: Lineage, Inc. Investors are Notified of the September 30 Class Action Deadline -- Contact BFA Law if You Suffered Losses (NASDAQ:LINE)
GlobeNewswire News Room· 2025-08-21 12:18
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 strong cash flows due to consistent cold chain demand, suggesting resilience during economic stress, while the reality was a downturn as customers destocked excess inventory from the pandemic [4]. - 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].
LINE STOCK: Robbins LLP Reminds LINE Stockholders of the Opportunity to Lead to the Class Action Lawsuit Against Lineage, Inc.
Prnewswire· 2025-08-20 21:32
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of shareholders of Lineage, Inc. regarding misleading information in the company's IPO registration statement [1][2]. Group 1: Allegations Against Lineage, Inc. - The registration statement filed on June 26, 2024, allegedly contained false or misleading information, failing to disclose significant issues such as weakening customer demand due to increased cold-storage supply and destocking of excessive inventory from the COVID-19 pandemic [2]. - Lineage reportedly raised prices prior to the IPO, which could not be sustained amid the declining demand environment [2]. - The company was unable to counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or falling revenue, occupancy rates, and rent prices, contrary to the claims made in the registration statement [2]. - As a result, Lineage's financial results and business prospects were materially impaired, contradicting the representations made during the IPO [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 the complaint was filed [3]. Group 3: Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by September 30, 2025, although participation is not required to be eligible for recovery [4].
LINEAGE INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Lineage, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Securities Class Action Lawsuit - LINE
Prnewswire· 2025-08-19 16:45
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 was 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 significant recoveries in high-profile cases [6].
Investors in Lineage, Inc. Should Contact Levi & Korsinsky Before September 30, 2025 to Discuss Your Rights - LINE
Prnewswire· 2025-08-19 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 and omissions made by Lineage, Inc. [2]. - The complaint alleges that Lineage was experiencing 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 implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [3]. - The company reportedly failed to counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or falling revenue, occupancy rates, and rent prices [3]. - As a result of these issues, Lineage's financial results and business prospects were materially impaired, contrary to representations made in the registration statement [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Lineage, Inc. during the relevant time frame 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 of dollars for shareholders over the past 20 years [5]. - The firm is recognized as one of the top securities litigation firms in the United States, with extensive expertise in complex securities cases [5].
LINE SECURITIES: Lineage, Inc. Shareholders that Lost Money may have been Affected by Fraud -- Contact BFA Law before the Class Action Deadline (NASDAQ:LINE)
GlobeNewswire News Room· 2025-08-19 12:33
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," which was expected to provide strong cash flows even during economic downturns [4]. Group 3: Financial Performance - Following the IPO, Lineage's stock price has significantly declined from an initial price of $78 per share to approximately $40 per share, indicating a drop of nearly 50% [5]. - In its fiscal Q4 2024 results announced on February 26, 2025, Lineage reported that customers were "unwinding" excess inventory, returning to a more normal seasonal pattern, which is expected to continue [5].