Business
Levi & Korsinsky Notifies Lineage, Inc. (LINE) Investors - Lead Plaintiff Deadline on September 30, 2025
New York, New York--(Newsfile Corp. - August 28, 2025) - If you suffered a loss on your Lineage,...
About this update from Linear Minerals Corp.
[{"type":"text","content":"Levi & Korsinsky Notifies Lineage, Inc. (LINE) Investors - Lead Plaintiff Deadline on September 30, 2025New York, New York--(Newsfile Corp. - August 28, 2025) - If you suffered a loss on your Lineage, Inc. (NASDAQ: LINE) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/lineage-inc-lawsuit-submission-form?prid=164292&wire=5&utm_campaign=14or contact Joseph E. Levi, Esq. via email at [email protected] or call (212) 363-7500 to speak to our team of experienced shareholder advocates.THE LAWSUIT: 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 July 26, 2024 initial public offering.CASE DETAILS: The filed complaint alleges 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 to effectively counteract the adverse trends listed in (a)-(b) above through the use of minimum storage guarantees or as a result of operational efficiencies, technological improvements, or its purported competitive advantages; (d) that, as a result of (a)-(c) above, rather than enjoying stable revenue growth, high occupancy rates, and steady rent escalation as represented in the registration statement, Lineage was in fact suffering from stagnant or falling revenue, occupancy rates, and rent prices; and (e) that, as a result of (a)-(d) above, Lineage's financial results, business operations, and prospects were materially impaired.WHAT'S NEXT? If you suffered a loss in Lineage, Inc. stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/lineage-inc-lawsuit-submission-form?prid=164292&wire=5&utm_campaign=14 to learn about your r...