Lineage, Inc. shareholders alerted to potential class-action lawsuit filed by The Gross Law Firm; deadline for investor participationapproaches.
News Article: Gross Law Firm Files Class Action Lawsuit Against Lineage, Inc.
The Gross Law Firm has announced the filing of a class action lawsuit against Lineage, Inc. (NASDAQ: LINE) on behalf of all purchasers of Lineage common stock. The lawsuit, which originates from September 18, 2025, alleges that the company implemented price increases in the lead-up to its Initial Public Offering (IPO) on July 26, 2024, that could not be sustained.
According to the complaint, Lineage was unable to effectively counteract adverse trends through the use of minimum storage guarantees or operational efficiencies. The financial results, business operations, and prospects of the company were materially impaired, the complaint alleges, due to sustained weakening in customer demand during the class period.
Shareholders who purchased shares of LINE during the specified timeframe are encouraged to contact the Gross Law Firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. Registering as a shareholder will enroll you in a portfolio monitoring software.
The deadline to seek to be a lead plaintiff in the class action is September 30, 2025. The deadline for shareholders to register for this class action is also September 30, 2025. The ID number for the lawsuit is 167839.
The Gross Law Firm, a nationally recognized class action law firm, is committed to protecting investors who have suffered losses due to deceit, fraud, and illegal business practices. The lawsuit is filed with securitiesclasslaw.com. The contact information for the Gross Law Firm is 15 West 38th Street, 12th floor, New York, NY, 10018, email: [email protected], phone: (646) 453-8903.
Shareholders who purchased shares of LINE and wish to discuss this class action or have any questions concerning this notice or their rights or interests, are urged to contact the Gross Law Firm promptly by telephone at (646) 453-8903, toll-free at (855) 246-4220, or via the firm's website at www.grosslawfirm.com. The link for shareholders to register is: https://securitiesclasslaw.com/securities/lineage-inc-loss-submission-form/?id=167839&from=3
It is important to note that the lead plaintiff in the lawsuit against Lineage, Inc. is not specified in the available information, and the date of their coming forward is also not provided.
This notice is for shareholders who purchased shares of LINE during a specific class period. If you did not take any action at the time of the IPO and are unsure about your rights or interests, or if you have any questions about this notice, it is strongly recommended that you seek legal advice.
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