Investors Take Action Against Lineage, Inc. Over Alleged Misleading Statements

A class action lawsuit has been filed against Lineage, Inc. (LINE) regarding alleged misstatements and omissions in the company's initial public offering registration statement. Shareholders who purchased shares during the class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment. The deadline to seek lead plaintiff status is September 30, 2025.

New York, Aug. 21, 2025 — Shareholders of Lineage, Inc. (NASDAQ: LINE) have been notified of a pending class action lawsuit against the company. The lawsuit alleges that Lineage made materially false and/or misleading statements in its initial public offering (IPO) registration statement on July 26, 2024.

The class action lawsuit, brought by The Gross Law Firm, claims that during the class period, Lineage issued statements and failed to disclose key information. These include:

1. Weakening Customer Demand: Lineage was experiencing a sustained decrease in customer demand due to increased cold-storage supply, destocking of excess inventory built up during the COVID-19 pandemic, and a shift towards leaner cold-storage inventories by customers.
2. Unsustainable Price Increases: The company implemented price increases before the IPO that could not be maintained in the face of weakening demand.
3. Operational Challenges: Lineage was unable to counteract these adverse trends through minimum storage guarantees, operational efficiencies, technological improvements, or its purported competitive advantages.
4. Financial Impairment: As a result, Lineage did not achieve stable revenue growth, high occupancy rates, and steady rent escalation as represented in the registration statement. Instead, the company suffered from stagnant or falling revenue, occupancy rates, and rent prices.

Shareholders who purchased shares of LINE during the class period are encouraged to contact The Gross Law Firm for possible lead plaintiff appointment. The deadline to seek lead plaintiff status is September 30, 2025. There is no cost or obligation to participate in the case.

The Gross Law Firm, a nationally recognized class action law firm, is committed to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices. The firm seeks recovery on behalf of investors who incurred losses when false or misleading statements or omissions of material information led to artificial inflation of the company's stock.

For more information or to register, shareholders can visit the Gross Law Firm's website or contact them directly at [The Gross Law Firm](https://securitiesclasslaw.com/securities/lineage-inc-loss-submission-form/?id=162533&from=3).

References:
[1] https://www.morningstar.com/news/globe-newswire/9516390/the-gross-law-firm-reminds-lineage-inc-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-september-30-2025-line
[2] https://www.globenewswire.com/news-release/2025/08/27/3140398/0/en/Lineage-Inc-Securities-Fraud-Class-Action-Lawsuit-Pending-Contact-The-Gross-Law-Firm-Before-September-30-2025-to-Discuss-Your-Rights-LINE.html