Globenewswire·2025-09-19 16:23Core Viewpoint - Rosen Law Firm is reminding investors who purchased Lineage, Inc. common stock during its July 2024 IPO about the September 30, 2025 deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Lineage common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court by September 30, 2025, to serve as lead plaintiff [3] - The lawsuit claims that the registration statement was misleading, failing to disclose significant issues affecting Lineage's business operations and financial results [5] Group 2: Allegations Against Lineage - The lawsuit alleges that Lineage experienced a decline in customer demand due to increased cold-storage supply and destocking of excessive inventory built during the COVID-19 pandemic [5] - It is claimed that Lineage implemented unsustainable price increases prior to the IPO, which could not be maintained in the face of weakening demand [5] - The company reportedly could not counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or falling revenue, occupancy rates, and rent prices [5] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4] - The firm has achieved significant settlements for investors, including over $438 million in 2019 alone, and has been ranked highly for its performance in securities class action settlements [4]