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

Shareholder Alert: Important Information for Lineage, Inc. Investors

The Gross Law Firm has issued an important notice to shareholders of Lineage, Inc. (NASDAQ: LINE), urging them to be aware of the approaching lead plaintiff deadline in a class action lawsuit. This deadline is set for September 30, 2025, and it pertains to all investors who purchased shares of Lineage during the specified class period.

Understanding the Class Action Lawsuit

This class action pertains to shareholders of Lineage Inc. who acquired their shares in connection with the company's initial public offering that occurred on July 26, 2024. The allegations state that Lineage’s management made materially false or misleading statements and failed to disclose truthful information that negatively influenced the company’s financial health and stock performance.

Key Allegations Against Lineage, Inc.

1. Weakening Customer Demand: It reportedly suffered from a significant downturn in customer demand due to a large supply increase in cold-storage options, prompting customers to destock surplus inventory that had accumulated during the COVID-19 pandemic. The shift in consumer preferences led to a tighter control of cold-storage inventories moving forward.
2. Unsustainable Price Increases: Lineage had raised its prices leading up to the IPO, but these increases were not tenable within a context of decreasing demand.
3. Failure to Counteract Trends: Despite implementing various strategies, including minimum storage guarantees and operational improvements, the company was unable to effectively manage these adverse market conditions.
4. False Revenue Growth Representations: Contrary to the claims made in their registration statement, Lineage was experiencing stagnation or declines in revenue, occupancy rates, and rental prices.
5. Overall Financial Impairment: As a result of the above issues, the company's overall financial results and growth prospects were gravely impaired.

Important Dates and Actions for Shareholders

Shareholders are encouraged to act promptly and secure their participation in this class action. By registering, they will also receive access to a portfolio monitoring system that provides updates throughout the litigation process. The process to register is straightforward and involves filling out the necessary forms provided by The Gross Law Firm.

Why Choose Gross Law Firm?

The Gross Law Firm has established itself as a trusted name in representing investors affected by misleading corporate practices and fraud. Their commitment is to ensure that companies maintain ethical standards in business practices. By taking legal action, they aim to recover losses sustained by investors due to inflated stock prices resulting from deceptive corporate messaging.

Next Steps for Interested Shareholders

To participate in this class action lawsuit, shareholders who purchased Lineage shares during the relevant timeframe should register their information promptly. They can do this by visiting the provided link and filling out the form to be included in any potential recovery process.

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

The deadline to register as a lead plaintiff is fast approaching, with September 30, 2025, marking the absolute last date to act. There are no costs associated with registering, making it a pivotal opportunity for affected shareholders to seek justice and potential compensation for their losses.