{"id":97488,"date":"2025-08-10T21:41:05","date_gmt":"2025-08-10T21:41:05","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/lineage-investor-alert-robbins-geller-rudman-dowd-llp-files-class-action-lawsuit-against-lineage-inc-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-investor-class-action\/"},"modified":"2025-08-10T21:41:05","modified_gmt":"2025-08-10T21:41:05","slug":"lineage-investor-alert-robbins-geller-rudman-dowd-llp-files-class-action-lawsuit-against-lineage-inc-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-investor-class-action","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/lineage-investor-alert-robbins-geller-rudman-dowd-llp-files-class-action-lawsuit-against-lineage-inc-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-investor-class-action\/","title":{"rendered":"LINEAGE INVESTOR ALERT: Robbins Geller Rudman &#038; Dowd LLP Files Class Action Lawsuit Against Lineage, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Investor Class Action Lawsuit &#8211; LINE"},"content":{"rendered":"<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p>SAN DIEGO, Aug.  10, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fndHgYkN4iYGuG0NcUwtfG9dZhpMVnBduQHnCBExHMMgf31xZGjiOnqMa-2a4n32VTBJxPtIY23O_rNDTg1beh8w_AaRd4N3O19mxVmCwEHRddJDm6MXw97X4fWF7ipHgT2mL_lTrnVIjeaaUD903lXnLvxDDY4xuVmEfH7XutHWMxxSNuik06ZY0bxUmRxH\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>Robbins Geller Rudman &amp; Dowd LLP<\/strong><\/a> announces that purchasers of Lineage, Inc. (NASDAQ: LINE) common stock in or traceable to the registration statement used in connection with Lineage\u2019s July 2024 initial public offering (the \u201cIPO\u201d), have until September 30, 2025 to seek appointment as lead plaintiff of the <em>Lineage <\/em>class action lawsuit. Captioned <em>City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc.<\/em>, No. 25-cv-12383 (E.D. Mich.), the <em>Lineage <\/em>class action lawsuit charges Lineage as well as certain of its top executives, directors, IPO underwriters, and IPO sponsor with violations of the Securities Act of 1933.<\/p>\n<p><strong>If you suffered substantial losses and wish to serve as lead plaintiff of the <\/strong><strong><em>Lineage <\/em><\/strong><strong>class action lawsuit, please provide your information here:<\/strong><\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9KC3ej2SvWPGPc6mhcxSk1DpyTd9VHFnKBzFz0ZVcaYLyADJdzhxXLI97iGuYG7EaCIOP6dMzb1T0X4p-qOWOvia3TxFlIyr8XMf0W-arPKOuqKVOCNif6-1yd8UR7_VAAa1IQRWRnsqGoLkTVOFbjV9xy5lbpAnOhRWjSs3bRiVokkw-niIaeL3KJbEJ1UVQ4e7PNuu2EZy7ijNm45alDFByp_t6PyiI36R7DXNudU=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>https:\/\/www.rgrdlaw.com\/cases-lineage-inc-class-action-lawsuit-line.html<\/strong><\/a><\/p>\n<p><strong>You can also contact attorneys <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nMcWib2y0EHKaXkd5Nlg7FmGz0yqs8r_bocP_oMgCFuh7wMIUacf7rkcJS9ecKEEvOIh_PDFRq2-DGSNB8uGkqw3eQNGwddofrMK5gTTSHunWDH7O6e0D4TAx7JjNu-qffn4QD_8-ENtgm-dy95wVQ==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>J.C. Sanchez<\/strong><\/a><strong> or <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XBoelLKYlQ99xFzE1GhqoGcYG_Tmoz_NooSq_KRx78gdC-vWIzlz4Cc2feiaMsYGoeMPCShnLC6GYv7SxbqIfz53XAiDsjqlFikBVzINi4o0gKtH4w9OrWcSh6LcNU1qY8hth3gKCaeanqpdMRHUf15uOAtevIg7Z3DCY9Qo8PU=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>Jennifer N. Caringal<\/strong><\/a><strong> of Robbins Geller by calling 800\/449-4900 or via e-mail at <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Yi6c2RZUpigBjEfcHYKHkhH4z0LPwIx84HpFcCML1T_N0JhXQFVSOfLoK61jHeVCBV7DNeNosHH30nPRGliV0pg80zONQIUrjAQmYXs-zM8=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>info@rgrdlaw.com<\/strong><\/a><strong>.<\/strong><\/p>\n<p><strong>CASE ALLEGATIONS<\/strong>: Lineage is a Maryland REIT focused on temperature-controlled cold-storage facilities. In the July 2024 IPO, Lineage sold over 65 million shares of Lineage common stock to investors at $78 per share, raising more than $5 billion in gross offering proceeds.<\/p>\n<p>The <em>Lineage <\/em>class action lawsuit alleges that the registration statement was false and\/or misleading and\/or failed to disclose that: (i) Lineage was then experiencing sustained weakening in customer demand, as additional cold-storage supply had come on line, Lineage\u2019s customers destocked a glut of excessive inventory built up during the COVID-19 pandemic, and Lineage\u2019s customers shifted to maintaining leaner cold-storage inventories on a go-forward basis in response to changed consumer trends; (ii) 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 Lineage; (iii) Lineage was unable to effectively counteract the adverse trends listed above through the use of minimum storage guarantees or as a result of operational efficiencies, technological improvements, or its purported competitive advantages; (iv) as a result, 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 (v) consequently, Lineage\u2019s financial results, business operations, and prospects were materially impaired.<\/p>\n<p>Since the IPO, the price of Lineage stock has fallen to lows near $40 per share. The price of Lineage stock has remained substantially below the IPO price at the time of the filing of the complaint.<\/p>\n<p>The plaintiff is represented by Robbins Geller, which has <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Cx7kCoN69CpyvGotHrYmIEN3h9AMzuRSvLwceGAv-2UE4ksriofUhBxLkO-7_BahsAhfhLZKw3sWSQrax1KETKWZ0Qz8yoG6VEjly-QOZw20aMEenKaNPEKMh8nD5Wwr6m4C63b1Q1TcSCJihdC5Hw==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>extensive experience<\/strong><\/a> in prosecuting investor class actions including actions involving financial fraud. You can view a copy of the complaint <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Y8qfJ_pQnEJpeAhnJDgjhSCkHGWKAiEqNpeV6lMNajpqAxhksIIUoqWOQ2nhj0PrapVTZCWLAwoubI28skOG8gzp7TS6KWQmmUWUPJT1FxTJKDJvFv_pS5E26BXPQu2EB4c2_cv58iz0amz1FDQJCw==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>by clicking here<\/strong><\/a>.<\/p>\n<p><strong>THE LEAD PLAINTIFF PROCESS<\/strong>: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Lineage common stock in or traceable to the registration statement issued in connection with Lineage\u2019s IPO to seek appointment as lead plaintiff in the <em>Lineage<\/em> class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the <em>Lineage<\/em> class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the <em>Lineage<\/em> class action lawsuit. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the <em>Lineage <\/em>class action lawsuit.<\/p>\n<p><strong>ABOUT ROBBINS GELLER<\/strong>: Robbins Geller Rudman &amp; Dowd LLP is one of the world\u2019s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases \u2013 more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs\u2019 firms in the world, and the Firm\u2019s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever \u2013 $7.2 billion \u2013 in <em>In re Enron Corp. Sec. Litig.<\/em> Please visit the following page for more information:<\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9KC3ej2SvWPGPc6mhcxSk1DpyTd9VHFnKBzFz0ZVcaYKKUizhvJ87_bc-c8gyDkMfwFpD4n1M5CMtVT4NFbCnYpd0qxe3M4m91cgVIuAfacgs8XExv9Ez10lpm0aGnqYLKIHIn75j8jTlDeomGxQ17BoezaME4mwaMjkzYFCmSUI72umSMgYhGLU1er5Hd1KNhbkwVo88tlyfZ2QlnmUpA==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>https:\/\/www.rgrdlaw.com\/services-litigation-securities-fraud.html<\/strong><\/a><\/p>\n<p>Past results do not guarantee future outcomes.\u00a0<br \/>Services may be performed by attorneys in any of our offices.\u00a0<\/p>\n<p>Contact:<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Robbins Geller Rudman &amp; Dowd LLP <br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0J.C. Sanchez, Jennifer N. Caringal<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0655 W. Broadway, Suite 1900, San Diego, CA 92101 <br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0800-449-4900 <br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Yi6c2RZUpigBjEfcHYKHkoXvfrLgWXdnNszGKKpgRhronp8UP7SYQctCExTUqArC79ZabXpasSH1xfAWlcmoGAkJNHsNkPBxQYb_6Rl5na0=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>info@rgrdlaw.com<\/strong><\/a><\/p>\n<p>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN DIEGO, Aug. 10, 2025 (GLOBE NEWSWIRE) &#8212; Robbins Geller Rudman &amp; Dowd LLP announces that purchasers of Lineage, Inc. (NASDAQ: LINE) common stock in or traceable to the registration statement used in connection with Lineage\u2019s July 2024 initial public offering (the \u201cIPO\u201d), have until September 30, 2025 to seek appointment as lead plaintiff of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":97489,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/a2879a30-a9fa-457e-97f6-7e2cd2528b7b","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-97488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/97488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=97488"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/97488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/97489"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=97488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=97488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=97488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}