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

Class Action Lawsuit Filed Against Lineage, Inc.

On August 28, 2025, The Gross Law Firm announced a class action lawsuit concerning shareholders of Lineage, Inc. (NASDAQ: LINE). This is a significant opportunity for investors who purchased shares during a specific timeframe.

Details of the Class Action

The gross law firm is reaching out to shareholders who bought shares during a defined class period related to the company's initial public offering (IPO) held on July 26, 2024. The firm is urging affected parties to contact them regarding the status of their stake and possible lead plaintiff appointment. Being designated as a lead plaintiff is not a prerequisite to recover losses incurred during the ownership of shares.

What Are the Allegations?

The lawsuit accuses Lineage, Inc. of making misleading statements and failing to disclose critical information that would have influenced an investor's decision-making process. The allegations include:

1. Weakened Customer Demand: It claims that the company was experiencing dwindling demand for its cold-storage services, alongside increased supply options which resulted in customers reducing their inventory.
2. Unsustainable Price Increases: Prior to the IPO, Lineage SP raised prices which could not be justified due to the weak demand.
3. Failure to Counteract Market Trends: The lawsuit alleges Lineage failed to offer minimum storage guarantees or achieve operational efficiencies that could mitigate adverse trends.
4. Misrepresentation of Financial Health: Contrary to claims about stable revenue growth and high occupancy rates, Lineage was reportedly facing stagnant or declining income and occupancy.
5. Impaired Financial Results: The culmination of these issues led to materially impaired financials and operations, contradicting the representations made in the IPO registration statement.

Deadline for Participation

Shareholders are strongly urged to register before the deadline on September 30, 2025. Delaying could mean missing out on potential recovery. Anyone interested can fill out the registration form here.

Next Steps for Shareholders

Once registered, you will be included in a portfolio monitoring system that provides updates about the case's progress. This systematic engagement allows participants to stay informed regarding their interests and the overall class action development.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its commitment to investor rights. This firm's mission is to uphold transparency and ethical practices among corporations. Their proactive stance against deceitful business actions aims to hold companies accountable for misstatements that lead to financial losses for investors.

Contact Information

For further inquiries, shareholders may reach out to The Gross Law Firm at:

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

This class action represents a crucial opportunity for affected shareholders of Lineage, Inc. Ensure you act before the deadline to potentially reclaim your losses.