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Shareholders that lost money on Lineage, Inc.(LINE) should contact The Gross Law Firm about pending Class Action - LINE
Shareholders that lost money on Lineage, Inc.(LINE) should contact The Gross Law Firm about pendi...
About this update from Linear Minerals Corp.
[{"type":"text","content":"Shareholders that lost money on Lineage, Inc.(LINE) should contact The Gross Law Firm about pending Class Action - LINE\n\n\n\n Shareholders that lost money on Lineage, Inc.(LINE) should contact The Gross Law Firm about pending Class Action - 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\n PR Newswire\n \n\n\n\n\n\n NEW YORK\n \n\n ,\n \n\n Sept. 8, 2025\n \n\n /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of\n \n Lineage, Inc. (NASDAQ: LINE).\n \n\n\n\n\n\n\n\n\n\n Shareholders who purchased shares of LINE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.\n \n\n CONTACT US HERE:\n \n\n\n https://securitiesclasslaw.com/securities/lineage-inc-loss-submission-form/?id=165509&from=4\n \n\n\n\n CLASS PERIOD:\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.\n \n\n\n ALLEGATIONS:\n \n The complaint\n \n alleges\n \n that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose 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 advantag...