Lineage, Inc.(LINE)
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NASDAQ: LINE Lawsuit Alert: Investors who lost money with Lineage, Inc. (NASDAQ: LINE) shares should contact the Shareholders Foundation
Prnewswire· 2025-08-18 15:04
Core Viewpoint - A lawsuit has been filed against Lineage, Inc. for allegedly making false and misleading statements during its July 2024 IPO, particularly regarding its financial health and customer demand [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the registration statement for Lineage's IPO was misleading, failing to disclose a 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's customers have shifted to maintaining leaner cold-storage inventories, impacting the company's revenue and occupancy rates negatively [2]. - The plaintiff argues that instead of the expected stable revenue growth and high occupancy rates, Lineage is experiencing stagnant or declining revenue, occupancy rates, and rent prices [2]. Group 2: Investor Information - Investors who purchased shares of Lineage, Inc. are encouraged to contact the Shareholders Foundation for information regarding their options related to the lawsuit [1][3].
Class Action Filed Against Lineage, Inc. (LINE) - September 30, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-08-18 12:45
Core Viewpoint - The lawsuit against Lineage, Inc. alleges that the company misled investors regarding its financial health and operational performance during the class period surrounding its IPO on July 26, 2024 [2]. Allegations - The complaint claims that Lineage experienced a significant decline in customer demand due to increased cold-storage supply and a shift in customer inventory strategies post-COVID-19 [2]. - It is alleged that the company raised prices prior to the IPO, which could not be sustained amid weakening demand [2]. - Lineage reportedly failed to mitigate adverse trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue, occupancy rates, and rent prices [2]. - The financial results and business prospects of Lineage were materially impaired as a result of these issues [2]. Class Action Details - Shareholders who purchased Lineage shares during the specified class period are encouraged to register for the class action by September 30, 2025 [3]. - Registration allows shareholders to receive updates on the case and does not incur any costs or obligations [3]. Law Firm Information - The Gross Law Firm is recognized for its commitment to protecting investors' rights and addressing corporate misconduct [4].
LINE Investors Have Opportunity to Lead Lineage, Inc. Securities Lawsuit
Prnewswire· 2025-08-17 15:41
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of common stock of Lineage, Inc. related to its July 2024 IPO, alleging that the registration statement was misleading and failed to disclose critical information about the company's financial health and market conditions [1][5]. Group 1: Lawsuit Details - The lawsuit claims 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 [5]. - It is alleged that Lineage implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [5]. - The lawsuit states that Lineage was unable to counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or falling revenue, occupancy rates, and rent prices [5]. Group 2: Investor Information - Investors who purchased Lineage common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm for more information [3][6]. - A lead plaintiff must move the Court by September 30, 2025, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
LINE LOSS ALERT: Lineage, Inc. Investors with Losses are Reminded of the September 30 Class Action Deadline – Contact BFA Law (NASDAQ:LINE)
GlobeNewswire News Room· 2025-08-17 11:21
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 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]. 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 in reality, the company was experiencing a downturn due to customers destocking excess inventory from the COVID-19 pandemic [4]. - Following the IPO, Lineage's stock price fell from an initial $78 per share to approximately $40 per share, indicating a significant decline in market value [5].
ROSEN, A LEADING LAW FIRM, Encourages Lineage, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LINE
GlobeNewswire News Room· 2025-08-16 16:45
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Lineage, Inc. common stock related to its July 2024 IPO, alleging that the registration statement was misleading and failed to disclose critical information about the company's financial health and market conditions [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Lineage was experiencing a decline in customer demand due to increased cold-storage supply and a shift in customer inventory strategies post-COVID-19, which was not disclosed in the registration statement [5]. - It is alleged that Lineage had implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [5]. - The lawsuit asserts that Lineage was unable to counteract adverse market trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue, occupancy rates, and rent prices [5]. Group 2: Investor Information - Investors who purchased Lineage common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To participate in the class action, investors can visit the provided link or contact the law firm for more information [3][6]. - A lead plaintiff is needed to represent the class, and interested parties must move the court by September 30, 2025 [1][3].
The Gross Law Firm Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – LINE
GlobeNewswire News Room· 2025-08-15 20:06
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][4]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit includes all purchasers of Lineage common stock in connection with the company's IPO on July 26, 2024 [3]. - Allegations include that Lineage experienced a decline in customer demand due to increased cold-storage supply and destocking of excess inventory from the COVID-19 pandemic [4]. - It is claimed that Lineage raised prices prior to the IPO, which could not be sustained amid 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]. - Overall, Lineage's financial results and business prospects were allegedly materially impaired as a result of these issues [4]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by September 30, 2025, to participate in potential recovery [5]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [5]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [6].
Lineage, Inc. (LINE) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-08-15 19:53
LOS ANGELES, Aug. 15, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Lineage, Inc. ("Lineage" or the "Company") (NASDAQ: LINE) have opportunity to lead the securities fraud class action lawsuit.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN LINEAGE, INC. (LINE), CLICK HERE BEFORE SEPTEMBER 30, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. What Is The Lawsuit About? The complaint filed alleges that, pursuant an ...
Levi & Korsinsky Reminds Lineage, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 30, 2025 - LINE
Prnewswire· 2025-08-15 13:15
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 adversely affected by alleged securities fraud during the IPO [2]. - The complaint claims that Lineage concealed significant issues, including a decline in customer demand due to increased cold-storage supply and destocking of excess inventory from the COVID-19 pandemic [3]. - It is alleged that Lineage raised prices prior to the IPO, which could not be sustained amid weakening demand, leading to stagnant or falling revenue, occupancy rates, and rent prices [3]. Group 2: Implications for Investors - Investors who suffered losses during the relevant timeframe have until September 30, 2025, to request appointment as lead plaintiff, although participation does not require this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [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].
LINE INVESTOR REMINDER: Lineage, Inc. Stock Drop Triggers Securities Class Action – Contact BFA Law before Imminent September 30 Deadline (NASDAQ:LINE)
GlobeNewswire News Room· 2025-08-15 12:18
Core Viewpoint - A lawsuit has been filed against Lineage, Inc. and its senior executives for potential violations of federal securities laws, particularly related to its IPO performance and subsequent stock price decline [1][2]. Group 1: Lawsuit Details - The lawsuit is based on claims under Sections 11 and 15 of the Securities Act of 1933, representing investors who purchased stock during Lineage's IPO on July 25, 2024 [2]. - Investors have until September 30, 2025, to request to lead the case, which is currently pending in the U.S. District Court for the Eastern District of Michigan [2]. Group 2: Company Background - Lineage, Inc. operates as a cold storage-focused real estate investment trust (REIT), managing temperature-controlled storage facilities for perishable products [3]. Group 3: IPO and Financial Performance - Lineage's IPO documents claimed strong cash flows due to consistent cold chain demand, suggesting resilience during economic stress [4]. - Contrary to these claims, Lineage faced a downturn as customers destocked excess inventory from the pandemic and shifted to leaner inventories, compounded by increased cold-storage supply [4]. - Following the IPO at $78 per share, Lineage's stock price has plummeted to around $40 per share, nearly a 50% decrease [5].
Robbins LLP Urges LINE Investors with Large Losses to Contact the Firm for Information About Leading the LINE Securities Fraud Class Action
GlobeNewswire News Room· 2025-08-14 23:28
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of shareholders of Linage, Inc. (NASDAQ: LINE) due to allegations of misleading information in the company's IPO registration statement [1][2]. Allegations - The registration statement filed on June 26, 2024, allegedly contained false or misleading information regarding the company's financial health and market conditions [2]. - Key issues include: - Sustained weakening in customer demand due to increased cold-storage supply and destocking of excessive inventory from the COVID-19 pandemic [2]. - Price increases implemented prior to the IPO that could not be maintained amid declining demand [2]. - Inability to counteract adverse trends through operational efficiencies or competitive advantages [2]. - Contrary to claims of stable revenue growth and high occupancy rates, the company has been experiencing stagnant or falling revenue, occupancy rates, and rent prices [2]. - Overall, the company's financial results and business prospects have been materially impaired [2]. Stock Performance - Since the IPO, Linage's stock price has dropped to around $40 per share, significantly below the IPO price at the time of the complaint [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by September 30, 2025, but participation is not required for recovery eligibility [4].