LINE STOCK: Robbins LLP Reminds LINE Stockholders of the Opportunity to Lead to the Class Action Lawsuit Against Lineage, Inc.

Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of shareholders of Lineage, Inc. regarding misleading information in the company's IPO registration statement [1][2]. Group 1: Allegations Against Lineage, Inc. - The registration statement filed on June 26, 2024, allegedly contained false or misleading information, failing to disclose significant issues such as weakening customer demand due to increased cold-storage supply and destocking of excessive inventory from the COVID-19 pandemic [2]. - Lineage reportedly raised prices prior to the IPO, which could not be sustained amid the declining demand environment [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 claims made in the registration statement [2]. - As a result, Lineage's financial results and business prospects were materially impaired, contradicting the representations made during the IPO [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 the complaint was filed [3]. Group 3: Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by September 30, 2025, although participation is not required to be eligible for recovery [4].