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Lineage, Inc. Class Action: Levi & Korsinsky Reminds Lineage, Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of September 30, 2025 - LINE
NEW YORK - September 11, 2025 ( NEWMEDIAWIRE ) - Levi & Korsinsky, LLP notifies investors in ...
About this update from Linear Minerals Corp.
[{"type":"text","content":"Lineage, Inc. Class Action: Levi & Korsinsky Reminds Lineage, Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of September 30, 2025 - LINENEW YORK - September 11, 2025 (NEWMEDIAWIRE) - Levi & Korsinsky, LLP notifies investors in Lineage, Inc. (NASDAQ: LINE) of a class action securities lawsuit.\n\nCLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lineage, Inc. investors who were adversely affected by alleged securities fraud. 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.  Follow the link below to get more information and be contacted by a member of our team:\nhttps://zlk.com/pslra-1/lineage-inc-lawsuit-submission-form?prid=166390&wire=56\nLINE investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.\nCASE 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.\nWHAT'S NEXT? If you suffered a loss in Lineage, Inc....