Reminder for shareholders: Deadline for Lead Plaintiff claim in the Lineage, Inc. lawsuit is September 30, 2025. Cited by Levi & Korsinsky. Connection: Line.
The U.S. Securities and Exchange Commission (SEC) has brought an indictment against Lineage Inc. in relation to the company's Initial Public Offering (IPO) process in July 2024. The lawsuit, filed by Levi & Korsinsky, LLP, alleges that defendants made false statements and/or concealed information about Lineage's financial situation.
According to the complaint, Lineage was experiencing sustained weakening in customer demand, had implemented price increases that could not be sustained, and was unable to counteract these adverse trends. The complaint further alleges that Lineage's revenue, occupancy rates, and rent prices were stagnant or falling, and that the Company's financial results, business operations, and prospects were materially impaired.
The lawsuit is on behalf of investors who purchased Lineage common stock in or traceable to the registration statement used in connection with the Company's July 26, 2024 initial public offering. Investors who believe they may be affected by this lawsuit are encouraged to contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
Levi & Korsinsky, LLP has a track record of winning high-stakes cases and extensive expertise in complex securities litigation. For seven years in a row, the firm has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. The firm has a team of over 70 employees to serve its clients.
Investors who are part of the class action lawsuit may be entitled to compensation without any out-of-pocket costs or fees. There is no cost or obligation to participate in the Lineage, Inc. class action securities lawsuit. The deadline for investors to request appointment as lead plaintiff in the lawsuit is September 30, 2025.
More information about the lawsuit can be found at this link: Lineage, Inc. Class Action Securities Lawsuit
Levi & Korsinsky, LLP's contact information is:
[email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 33 Whitehall Street, 17th Floor New York, NY 10004 www.zlk.com
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