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LINE LAWSUIT ALERT: The Gross Law Firm Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-09-29 12:45
Accessibility StatementSkip Navigation NEW YORK, Sept. 29, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lineage, Inc. (NASDAQ: LINE). Shareholders who purchased shares of LINE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE:https://securitiesclasslaw.com/securities/lineage-inc-loss-submission-form/? id=169600&from ...
Shareholders that lost money on Lineage, Inc.(LINE) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2025-09-05 21:02
Core Viewpoint - A class action securities lawsuit has been filed against Lineage, Inc. alleging securities fraud related to its initial public offering (IPO) on July 26, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Lineage common stock in connection with the IPO [2]. - The complaint alleges that Lineage made false statements and concealed critical information regarding its financial health and market conditions [3]. Group 2: Allegations Against Lineage - Lineage reportedly faced a decline in customer demand due to increased cold-storage supply and a shift in customer inventory strategies post-COVID-19 [3]. - The company had implemented unsustainable price increases prior to the IPO, which could not be maintained amid weakening demand [3]. - Lineage was unable to counteract adverse trends through operational efficiencies or competitive advantages, leading to stagnant or declining revenue and occupancy rates [3]. - The financial results and business prospects of Lineage were materially impaired as a result of these issues [3]. Group 3: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until September 30, 2025, to request appointment as lead plaintiff [4]. - Participation in the lawsuit does not require any out-of-pocket costs for class members [4]. Group 4: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured significant recoveries for shareholders over the past 20 years [5].