Investors of Lineage, Inc. Have Chance to Join Securities Class Action

Investors of Lineage, Inc. Have Chance to Join Securities Class Action



The opportunity for investors who purchased common stock of Lineage, Inc. (NASDAQ: LINE) has come to the forefront, thanks to the Rosen Law Firm—a highly regarded global investor rights law firm. As stockholders are reminded, there is a crucial deadline approaching. Those who bought shares pursuant to the registration statement connected to Lineage's IPO in July 2024 might be entitled to compensation without incurring any out-of-pocket costs due to a contingency fee arrangement.

Understanding the Situation



The deadline to apply as a lead plaintiff in this securities class action is September 30, 2025. Should potential participants wish to take part, there are clear guidelines. A lead plaintiff acts as a representative in the litigation, and the Rosen Law Firm encourages investors to ensure they select a qualified legal counsel known for their success in leading similar cases. Many notices are sent out by firms lacking the experience or resources necessary to compete, making it vital for investors to choose wisely in their selection of counsel.

Firm's Track Record



The Rosen Law Firm boasts a legacy of achievements in the realm of securities class actions and shareholder derivative litigation. Notably, it achieved a record settlement against a Chinese Company. The firm was recognized as the top firm in terms of securities class action settlements by ISS Securities Class Action Services and has consistently ranked among the best in the industry since 2013. In 2019 alone, they secured a staggering $438 million for investors.

The Allegations Behind the Class Action



Details from the lawsuit reveal that the registration statement issued by Lineage was misleading and failed to disclose critical information. Investors were led to believe that Lineage was maintaining stable revenue growth and high occupancy rates. However, it later emerged that the company was battling diminished demand, driven by new cold storage supply and customers destocking excess inventory accumulated during COVID-19. Furthermore, competitive pricing enforced by the company could not sustain given the changing tides of demand.

The complaint stresses that, unlike the optimistic outlook laid out in the registration statement, Lineage was experiencing a decline in revenue, occupancy rates, and rental prices—significantly harming its financial health. Once these truths entered the public domain, affected investors began to suffer tangible damages.

Taking Action



Investors interested in participating in this class action can visit Rosen Law Firm's submission page for more details or reach out to Phillip Kim, Esq. at 866-767-3653. Email inquiries can also be sent to [email protected].

As a crucial note, it is important to understand that as of yet, no class has been certified. Therefore, potential class members are not represented unless they retain counsel. Investors also have the option of remaining absent from the class at this time, and their potential to share in any recovery does not depend on them acting as lead plaintiff.

Stay Updated



To get the latest updates, follow the Rosen Law Firm on social media platforms such as LinkedIn, Twitter, or Facebook.

Legal Advertisement: Previous results do not guarantee a similar outcome. As the landscape for Lineage, Inc. investors evolves, it's crucial to stay informed and act promptly to safeguard your investments.

Topics Financial Services & Investing)

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