Lineage, Inc.(LINE)
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LINE LAWSUIT NOTICE: Lose Money on Lineage, Inc.? Contact BFA Law Prior to September 30 Legal Deadline (NASDAQ:LINE)
GlobeNewswire News Room· 2025-09-06 11:18
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 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 on July 25, 2024, at $78 per share, Lineage's stock price has significantly declined to around $40 per share, approximately 50% of its initial value [5].
Shareholders that lost money on Lineage, Inc.(LINE) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2025-09-05 21:02
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 critical information regarding its financial health and market conditions [3]. Group 2: Allegations Against Lineage - Lineage reportedly faced 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 implemented unsustainable price increases prior to the IPO, which could not be maintained amid weakening demand [3]. - Lineage was unable to counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue and occupancy rates [3]. - The financial results and business prospects of Lineage were materially impaired as a result of these issues [3]. Group 3: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until September 30, 2025, to request appointment as lead plaintiff [4]. - Participation in the lawsuit does not require any out-of-pocket costs for class members [4]. Group 4: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured significant recoveries for shareholders over the past 20 years [5].
Lineage, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before September 30, 2025 to Discuss Your Rights - LINE
Prnewswire· 2025-09-05 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 false statements and omissions made by Lineage, Inc. regarding its financial health and operational performance [2][3]. - 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 asserts that Lineage's price increases prior to the IPO were unsustainable due to weakening demand, and the company could not counteract these adverse trends through operational efficiencies or competitive advantages [3]. Group 2: Financial Impact - Contrary to representations made in the registration statement, Lineage was reportedly suffering from stagnant or declining revenue, occupancy rates, and rent prices, rather than enjoying stable growth [3]. - The lawsuit claims that Lineage's financial results, business operations, and future prospects were materially impaired as a result of the alleged misrepresentations [3]. Group 3: Next Steps for Investors - Investors who suffered losses during the relevant timeframe 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 4: 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].
ROSEN, A TOP RANKED LAW FIRM, Encourages Lineage, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LINE
GlobeNewswire News Room· 2025-09-05 02:27
Group 1 - The Rosen Law Firm is reminding purchasers of Lineage, Inc. common stock about the September 30, 2025 lead plaintiff deadline related to the class action lawsuit following Lineage's July 2024 IPO [1][3] - Investors who purchased Lineage common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][5] - The lawsuit claims that the registration statement issued during the IPO was misleading, failing to disclose significant issues such as weakening customer demand and unsustainable price increases [5] Group 2 - The lawsuit alleges that Lineage was experiencing stagnant or falling revenue, occupancy rates, and rent prices, contrary to the representations made in the registration statement [5] - The Rosen Law Firm has a strong track record in securities class actions, having recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4] - Investors interested in joining the class action can find more information through the Rosen Law Firm's website or by contacting their representatives [3][6]
Lineage, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before September 30, 2025 to Discuss Your Rights – LINE
GlobeNewswire News Room· 2025-09-04 19:44
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]. Allegations - The lawsuit claims that during the class period, Lineage experienced a significant decline in customer demand due to increased cold-storage supply and a destocking of excessive inventory by customers, which was built up during the COVID-19 pandemic [4]. - It is alleged 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, contrary to representations made in the registration statement [4]. - As a result of these issues, Lineage's financial results and business prospects were materially impaired [4]. Next Steps for Shareholders - Shareholders who purchased shares of Lineage during the specified class period are encouraged to register for the class action by September 30, 2025, to potentially be appointed as lead plaintiffs [5]. - Once registered, shareholders will receive updates on the case through a portfolio monitoring software [5].
Lineage, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before September 30, 2025 to Discuss Your Rights - LINE
Prnewswire· 2025-09-04 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 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 the company raised prices prior to the IPO, which could not be sustained amid weakening demand [2]. - Lineage reportedly failed to counteract adverse trends through operational efficiencies or competitive advantages [2]. - Contrary to claims of stable revenue growth and high occupancy rates, the company was allegedly facing stagnant or declining revenue, occupancy rates, and rent prices [2]. - As a result of these issues, Lineage's financial results and business prospects were significantly impaired [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 require any cost or obligation [3]. Law Firm Information - The Gross Law Firm is recognized for its commitment to protecting investors' rights against deceit and fraud in business practices [4].
LINE CLASS ALERT: BFA Alerts Lineage, Inc. Investors with Losses of the Pending Class Action – Contact the Firm by September 30 (NASDAQ:LINE)
GlobeNewswire News Room· 2025-09-04 11:36
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]. 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 encouraged to seek additional information and may have legal options [2][6]. 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 and Market Reaction - 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 "unwinding" excess inventory, returning to a more normal seasonal pattern [5].
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].