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

Gross Law Firm Issues Notice to Lineage, Inc. Shareholders

The Gross Law Firm is calling attention to shareholders of Lineage, Inc. (NASDAQ: LINE) regarding an ongoing class action lawsuit. This notice serves to inform those investors who purchased shares of Lineage during the designated class period that there is an opportunity to participate in potential recovery from the lawsuit. The deadline for appointing a lead plaintiff is set for September 30, 2025.

Understanding the Class Action

The lawsuit concerns shareholders who acquired Lineage common stock connected to its initial public offering (IPO) on July 26, 2024. The claims assert that during the class period, the company made statements that were materially misleading and failed to disclose significant issues that impacted its financial stability and operational efficacy. Specifically, the allegations highlight that the executives of Lineage had misrepresented the company’s performance and future prospects leading to losses among shareholders.

Key Allegations

1. False Statements: The firm alleges that Lineage misled investors regarding customer demand, suggesting a stability that was, in reality, faltering as the market adapted post-COVID-19. The firm contends that customers were reducing their inventory, contributing to a decline in demand for Lineage's services.
2. Unsustainable Pricing: The complaint mentions that the company increased prices leading up to the IPO, which could not be maintained in the face of declining customer demand, leading to further distortions in reported financials.
3. Ineffective Management Responses: Additionally, it is alleged that Lineage failed to address these negative market trends effectively, which further exacerbated the challenges it faced.
4. Financial Impairment: Instead of enjoying the growth projected in Lineage's registration statement, the firm contends that the company experienced stagnant, if not declining, revenues and occupancy rates throughout the class period.

Next Steps for Investors

To participate in the lawsuit, investors who purchased shares during the specified period should register with the Gross Law Firm to ensure they receive updates regarding the case's progress. By registering, they will be enrolled in a monitoring system that alerts them about important developments.

It is crucial for shareholders to act promptly, as the deadline to seek lead plaintiff status is September 30, 2025. Engaging in this lawsuit can provide investors a chance to recover losses due to the alleged misstatements and omissions made by Lineage's management. For those who wish to register, please visit the dedicated link provided for submitting information.

Why Choose Gross Law Firm?

The Gross Law Firm is recognized nationally for its dedication to protecting investor rights. The firm has a strong track record of representing those harmed by corporate malfeasance, striving always for justice on behalf of its clients. They are committed to ensuring transparent business practices and upholding the standards of corporate responsibility.

Contact Information

For further inquiries and to participate in this case, please reach out via the following contact methods:

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

Investors are encouraged to stay informed and involved, ensuring that their rights as shareholders are upheld.