Alert: Lawsuit filed for Investors who lost money in shares of Lineage, Inc. (NASDAQ: LINE)

An investor, who purchased shares of Lineage, Inc. (NASDAQ: LINE), filed a lawsuit in the U.S. District Court for the Eastern District of Michigan over alleged violations of Federal Securities Laws by Lineage, Inc. in connection with certain allegedly false and misleading statements made in connection with Lineage's July 2024 initial public offering ("IPO").

Investors who purchased shares of Lineage, Inc. (NASDAQ: LINE) have certain options and for certain investors are short and strict deadlines running. Deadline: September 30, 2025. NASDAQ: LINE investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Novi, MI based Lineage, Inc. (NASDAQ: LINE) is the world's largest global temperature-controlled warehouse REIT with a network of over 485 strategically located facilities totaling approximately 86 million square feet and approximately 3.1 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Lineage, Inc. (NASDAQ: LINE) reported that its annual Total Revenue declined from 2023 over $5.342 billion in 2023 to $5.34 billion in 2024 and that its Net Loss increased from $77.00 million in 2023 to $664.00 million in 2024.

On or around July 25, 2024, Lineage, Inc. conducted its initial public offering of 56,882,051 shares of common stock priced at $78.00 per share.

Then, on April 30, 2025 Lineage, Inc., reported its financial results for the first quarter of 2025. Among other items, Lineage, Inc. reported that its total revenue had decreased by 2.7% to $1.29 billion for the quarter, stating that it "experienced more normal seasonal trends in the first quarter after multiple years of elevated inventory levels."

Shares of Lineage, Inc. (NASDAQ: LINE) declined to as low as $40.49 per share on July 16, 2025.

The plaintiff claims that the registration statement that was filed in connection with Lineage's July 2024 IPO was false and/or misleading and/or failed to disclose that Lineage, Inc. was then experiencing sustained weakening in customer demand, as additional cold-storage supply had come on line, Lineage's customers destocked a glut of excessive inventory built up during the COVID-19 pandemic, and Lineage's customers shifted to maintaining leaner cold-storage inventories on a go-forward basis in response to changed consumer trends, that Lineage, Inc. 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, that 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, that as a result, rather than enjoying stable revenue growth, high occupancy rates, and steady rent escalation as represented in the registration statement, Lineage, Inc. was in fact suffering from stagnant or falling revenue, occupancy rates, and rent prices, and that consequently, Lineage's financial results, business operations, and prospects were materially impaired.

Those who purchased shares of Lineage, Inc. (NASDAQ: LINE) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.