#United States #New York #Class Action #Gross Law Firm #Lineage

Class Action Lawsuit Against Lineage, Inc.

As of August 26, 2025, The Gross Law Firm is reaching out to shareholders of Lineage, Inc. (NASDAQ: LINE) regarding an impending class action lawsuit that pertains to the company’s initial public offering (IPO) and subsequent business challenges. Shareholders who acquired shares during the designated class period are encouraged to engage with the legal firm for potential lead plaintiff appointments. However, an appointment is not a prerequisite for taking part in any recovery from this legal exercise.

Important Dates and Class Period

The deadline to register as part of this class action suit is September 30, 2025. Shareholders who bought shares of Lineage common stock in connection with the company's IPO on July 26, 2024, fall under this lawsuit's umbrella. If you fall into this category, immediate registration is crucial as potential entitlements may depend heavily on the response time.

Allegations Against Lineage

The lawsuit primarily stems from concerning allegations against Lineage, identifying that during the class period, a series of materially false statements and omissions were made.

1. Weak Demand: The claim states that Lineage experienced a persistent decline in customer demand, exacerbated by the introduction of additional cold-storage supply and businesses' reactions to the pandemic's aftermath. This resulted in controlling excessive inventory levels, shifting towards maintaining leaner inventories moving forward.

2. Unsustainable Price Increases: The firm alleges that Lineage had raised prices in anticipation of the IPO—a tactic that ultimately could not be upheld due to waning demand.

3. Operational Ineffectiveness: Furthermore, it is claimed that Lineage was ill-equipped to counteract the adverse business trends related to customer demand and pricing pressures.

4. Misrepresentations of Growth: Contrary to statements made during the IPO process, Lineage has allegedly not experienced the stable revenue growth it represented. Instead, it saw stagnant or falling revenue streams, occupancy rates, and decreased rent prices.

5. Impairments to Financial Outlook: As a direct result of the aforementioned issues, investors' expectations related to Lineage's performance were severely compromised.

Next Steps for Shareholders

Registered shareholders will receive updates regarding the progression of the case via portfolio monitoring software. This tool ensures that you remain informed about developments as the legal process unfolds. Importantly, registering does not impose any cost or obligation to shareholders.

Why Choose The Gross Law Firm?

The Gross Law Firm prides itself on being a highly regarded class action law firm focused on protecting the rights of investors. This commitment includes rigorous scrutiny of companies and their practices, ensuring they contribute positively to the business landscape. As such, the firm aims to support those adversely affected by misleading business statements that resulted in incorrect stock valuations.

If you believe you're a shareholder directly affected by LINE's alleged misstatements and would like to learn more about how to join the class action, please reach out to The Gross Law Firm at:

• - Contact: 15 West 38th Street, 12th Floor, New York, NY 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

Act now to secure your position and ensure your rights as an investor are upheld in this ongoing legal matter.