Company Overview - Lineage, Inc. is the largest temperature-controlled warehouse real estate investment trust (REIT) globally, operating over 450 cold-storage facilities across North America, Europe, and the Asia-Pacific [3]. Allegations and Financial Performance - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Lineage, stemming from allegations of providing misleading business information to investors [1]. - On July 24, 2024, Lineage completed its initial public offering of 56,882,051 shares at $78.00 per share [4]. - On April 30, 2025, Lineage reported a 2.7% decrease in total revenue, amounting to $1.29 billion for the quarter, attributing this decline to more normal seasonal trends after elevated inventory levels in previous years [4]. - Following the revenue report, Lineage's stock price fell by $8.26 per share, or 14.62%, closing at $48.23 per share on April 30, 2025 [4].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of Lineage, Inc. (NASDAQ: LINE) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm