The Gross Law Firm Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – LINE

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].