#USA #New York #Class Action #Gross Law Firm #Lineage

Class Action Alert: Lineage, Inc. Investors

In a recent announcement, The Gross Law Firm has provided crucial information to the shareholders of Lineage, Inc. (NASDAQ: LINE) regarding a class action lawsuit. This was initiated on behalf of all investors who purchased Lineage's common stock during its initial public offering on July 26, 2024. The firm is encouraging shareholders to register before the approaching deadline of September 30, 2025, to protect their rights and potentially recoup financial losses incurred due to alleged misleading business practices related to Lineage's performance.

Key Details of the Class Action

Who is Affected?

If you bought shares of Lineage between the specified dates related to the IPO, you may be eligible to join this class action. The Gross Law Firm is particularly keen on hearing from those interested in being appointed as lead plaintiffs, although it is not a requirement for participation in this recovery effort.

Allegations in the Lawsuit

The allegations state that during the class period, the executives at Lineage made materially false and/or misleading claims about the company's business health and prospects. Investors were led to believe that the company experienced stable revenue growth and high occupancy rates while, in reality, it was facing severe challenges:

• - A significant drop in customer demand, attributed to new cold-storage supply coming online and a shift in customer inventory strategies post-COVID-19.
• - Unforeseen price increases implemented ahead of the IPO that could not be sustained amid declining demand.
• - An inability to counter adverse trends even with operational improvements or perceived competitive advantages.
• - Results indicating stagnant or decreasing revenue and occupancy rates that contradicted the company's positive projections.

Next Steps for Shareholders

For those who are shareholders during the relevant time frame, registering is the first step to ensuring that you are informed about the lawsuit's progression. Upon registration, you will gain access to portfolio monitoring tools that keep you updated on the case's status.

Why Choose The Gross Law Firm?

The Gross Law Firm is a recognized class action law firm with a mission to defend investor rights against fraudulent and deceptive practices. Their focus is on providing justice for investors who find themselves victimized by misleading information from corporations. The firm also ensures that companies comply with ethical business standards, safeguarding the interests of investors across the board.

How to Register

To actively participate in this class action, you will need to complete a registration form available on their website. This process is free of charge, with no obligation attached. Missed opportunities could mean a financial setback; hence, prompt action is vital.

For more detailed information and to submit your registration, visit the following link: Lineage, Inc. Loss Submission Form.

Conclusion

As we move closer to the registration deadline of September 30, 2025, all eligible shareholders of Lineage, Inc. are strongly encouraged to take action. Affected investors should not hesitate to get in touch with The Gross Law Firm to understand their rights and potential for recovery in this ongoing class action.

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