The Gross Law Firm Reminds Lineage, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 30, 2025 – LINE

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Lineage, Inc. regarding a class action lawsuit related to the company's initial public offering (IPO) on July 26, 2024, alleging that the company made materially false and misleading statements about its financial health and business operations [1][3][4]. Summary by Relevant Sections Class Action Details - The lawsuit is on behalf of all purchasers of Lineage common stock during the class period associated with the IPO [3]. - Shareholders are encouraged to register for participation in the class action, with a deadline set for September 30, 2025 [5]. Allegations Against Lineage, Inc. - The complaint alleges that Lineage experienced a sustained weakening in customer demand due to increased cold-storage supply and destocking of excessive inventory from the COVID-19 pandemic [4]. - It is claimed that Lineage implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of 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]. - As a result of these issues, Lineage's financial results and business prospects were materially impaired, contrary to the representations made in the registration statement [4]. Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates on the case [5]. - There is no cost or obligation for shareholders to participate in the class action [5]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights and ensuring responsible business practices [6].