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Levi & Korsinsky Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - LINE

Levi & Korsinsky Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Dead...

articleLinear Minerals Corp.October 1, 20254/company/linear-minerals-corp/news/levi-and-korsinsky-notifies-lineage-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-line
Levi & Korsinsky Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - LINE

About this update from Linear Minerals Corp.

[{"type":"text","content":"Levi & Korsinsky Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - LINE\n\n\n\n Levi & Korsinsky Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - LINE\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n Levi & Korsinsky Notifies Lineage, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - LINE\n \n\n PR Newswire\n \n\n\n\n\n\n NEW YORK\n \n\n ,\n \n\n Oct. 1, 2025\n \n\n /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in\n \n Lineage, Inc.\n \n (\"Lineage, Inc.\" or the \"Company\") (NASDAQ: LINE) of a class action securities lawsuit.\n \n\n\n\n\n\n\n\n\n\n CLASS DEFINITION:\n \n The lawsuit seeks to recover losses on behalf of Lineage, Inc. investors who were adversely affected by\n \n alleged\n \n securities\n \n fraud\n \n . This lawsuit is on behalf of all purchasers of Lineage common stock in or traceable to the registration statement used in connection with the Company's\n \n July 26, 2024\n \n initial public offering. Follow the link below to get more information and be contacted by a member of our team:\n \n\n\n https://zlk.com/pslra-1/lineage-inc-lawsuit-submission-form?prid=169918&wire=4\n \n\n\n\n LINE\n \n investors may also contact\n \n Joseph E. Levi, Esq.\n \n via email at\n \n [email protected]\n \n or by telephone at (212) 363-7500.\n \n\n\n CASE DETAILS:\n \n The filed complaint\n \n alleges\n \n that defendants made false statements and/or concealed that: (a) Lineage was then experiencing sustained weakening in customer demand, as additional cold-storage supply had come on line, the Company's customers destocked a glut of excessive inventory built up during the COVID-19 pandemic, and the Company's customers shifted to maintaining leaner cold-storage inventories on a go-forward basis in response to changed consumer trends; (b) Lineage had implemented price increases in the lead-up to the IPO that could not be sustained in light of the weakening demand environment facing the Company; (c) Lineage was unable t...

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