Investor Alert: Robbins LLP Informs Investors of the Lineage, Inc. Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Lineage, Inc. for allegedly misleading investors during its 2024 IPO, with claims that the company failed to disclose significant operational challenges and declining market conditions [1][2]. Group 1: Allegations Against Lineage, Inc. - The registration statement for the IPO filed on June 26, 2024, was claimed to be false and misleading, failing to disclose that Lineage was experiencing a decline in customer demand due to increased cold-storage supply and destocking of excess inventory from the COVID-19 pandemic [2]. - Lineage reportedly implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [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 representations made in the registration statement [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].