LINE INVESTOR REMINDER: Lineage, Inc. Stock Drop Triggers Securities Class Action – Contact BFA Law before Imminent September 30 Deadline (NASDAQ:LINE)

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].