INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of Lineage, Inc. (NASDAQ: LINE) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact...
NEWTOWN, Pa., July 6, 2025 /PRNewswire/ -- Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving Lineage, Inc. ("Lineage") (NASDAQ: LINE), resulting from allegations of providing misleading business information to the investing public.
If you have non-public information that could assist in the Lineage investigation, or if you are a Lineage investor who suffered a loss and would like to learn more, you can provide your information HERE.
You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at elechtzin@edelson-law.com.
THE COMPANY:
Lineage is the largest temperature-controlled warehouse real estate investment trust (REIT) in the world, operating over 450 cold-storage facilities across North America, Europe, and the Asia-Pacific.
THE ALLEGED WRONGDOING:
On July 24, 2024, Lineage completed its initial public offering of 56,882,051 shares of common stock at $78.00 per share. Then, on April 30, 2025, Lineage reported that its total revenue decreased by 2.7% to $1.29 billion for the quarter. The company attributed the decrease in revenue to "more normal seasonal trends in the first quarter after multiple years of elevated inventory levels."
On this news, Lineage's stock price fell $8.26 per share, or 14.62%, to close at $48.23 per share on April 30, 2025.
ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class action cases alleging violations of federal antitrust laws, employee benefit plans under ERISA, wage theft, data security breaches, and consumer protection.
For more information, please contact:
Marc H. Edelson, Esq.
Eric Lechtzin, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492 or 215-867-2399 ext. 1
Email: medelson@edelson-law.com
Email: elechtzin@edelson-law.com
Web: www.edelson-law.com
This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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SOURCE Edelson Lechtzin LLP
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