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LINEAGE DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Lineage Investors of the September 30th Deadline and Urges Investors to Contact the Firm
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Inve...
About this update from Linear Minerals Corp.
[{"type":"text","content":"LINEAGE DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Lineage Investors of the September 30th Deadline and Urges Investors to Contact the Firm\n\n\n\n\n Bragar Eagel & Squire, P.C.\n \n\n Litigation Partner\n \n\n\n Brandon Walker\n \n\n\n Encourages Investors Who Suffered Losses In Lineage (LINE) To Contact Him Directly To Discuss Their Options\n \n\n\n\n If you purchased or acquired initial public offerings in\n \n\n Lineage\n \n\n and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.\n \n\n\n Click\n \n here\n \n to participate in the action.\n \n\n NEW YORK, Sept. 26, 2025 (GLOBE NEWSWIRE) --\n \n\n\n What’s Happening:\n \n\n\n\n Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Lineage, Inc. (“Lineage” or the “Company”) (NASDAQ:LINE) in the United States District Court for the Eastern District of Michigan on behalf of\n \n all persons and entities who purchased or otherwise acquired Lineage initial public offerings\n \n .\n \n\n\n Investors have until September 30, 2025\n \n to apply to the Court to be appointed as lead plaintiff in the lawsuit.\n \n\n\n\n Allegation Details:\n \n\n\n\n On June 26, 2024, Lineage filed a registration statement for the IPO on Form S-11 with the SEC which, after amendments, was declared effective on July 24, 2024 (the \"Registration Statement\").\n \n\n\n\n On July 26, 2024, Lineage filed a prospectus for the IPO on Form 424B4 with the SEC, which was incorporated into and formed part of the Registration Statement.\n \n\n\n\n The complaint alleges that the Registration Statement contained material misrepresentations about Lineage's business, historical financial results, and the industry trends purportedly facing the Company at the time of the IPO. Specifically, the Registration Statement stated that the lingering effects of the COVID-19 pandemic had \"accelerated trends that had a marked short-term impact on cold storage demand and have the potential to be growth engines for the industry in coming years\" after the IPO. In truth, Lineage was in the midst of a sustained downturn, as the Company's customers not only destocked excessive inventory built up d...