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SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Lineage, Inc. (NASDAQ: LINE)
Lineage, Inc.Lineage, Inc.(US:LINE) GlobeNewswire News Roomยท2025-08-25 12:42

Core Viewpoint - A shareholder has filed a securities class action lawsuit against Lineage, Inc. on behalf of investors who purchased or acquired the company's common stock during its July 2024 IPO, alleging misrepresentations about the company's business and financial results [1][2]. Group 1 - The lawsuit is initiated by a shareholder representing a class of investors who acquired Lineage's common stock in connection with the IPO [1]. - The complaint alleges that the defendants made false statements regarding Lineage's business operations, historical financial performance, and industry trends at the time of the IPO [2]. - Investors interested in participating in the class action must file papers by September 30, 2025, to serve as lead plaintiff, although participation in any recovery does not require this role [3]. Group 2 - Bernstein Liebhard LLP, the law firm handling the case, has a history of recovering over $3.5 billion for clients and has represented large public and private pension funds [4]. - The firm has been recognized for its litigation success, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [4].