LINE Investors Have Opportunity to Lead Lineage, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Investors who purchased the Company's securities pursuant and/or traceable to the Company's Offering Documents issued in connection with its initial public offering ('IPO') conducted in July 2024, are encouraged to contact the firm before September 30, 2025.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Lineage suffered a weakening of demand as customers destocked excessive inventory and adjusted their businesses to changing consumer trends. The Company raised prices leading up to the IPO in an unsustainable manner. The Company failed to counteract its demand problems through marketing or its supposed competitive advantages. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Lineage, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
18 minutes ago
- Yahoo
Marriott CEO Highlights Luxury Spend Offset By Economic Uncertainty, Reduced Government And Business Travel
Marriott International (NASDAQ:MAR) reported its second-quarter fiscal 2025 earnings on Tuesday. The company's second-quarter sales reached $6.74 billion, marking a 4.7% year-on-year increase and surpassing the analyst consensus estimate of $6.64 billion. Marriott's comparable systemwide constant-dollar revenue per available room (RevPAR) grew 1.5% year-over-year, while actual dollar RevPAR saw a 1.7% in the U.S. and Canada was flat, with RevPAR edging down 0.1% in actual dollars, while international markets saw a 5.3% increase (6.1% in actual dollars). The company added roughly 17,300 net rooms during the quarter, a 4.7% increase from the end of the second quarter of 2024. Total expenses declined 5% to $5.51 billion, contributing to an adjusted EBITDA of $1.42 billion, up from $1.32 billion a year ago. Despite a 3.4% rise in operating income to $1.24 billion, the company's operating margin fell by 100 basis points to 18%. Adjusted earnings per share (EPS) of $2.65 outperformed the consensus estimate of $2.62. View more earnings on MAR At the end of the quarter, Marriott's global system totaled nearly 9,600 properties, with approximately 1,736,000 rooms. As of June 30, Marriott held $700 million in cash and equivalents. In the quarter, Marriott repurchased 2.8 million shares of common stock for $700 million. Through July 30, the company has returned over $2.1 billion to shareholders through dividends and share repurchases. CEO Anthony Capuano reported that Marriott delivered a strong second quarter, posting solid financial results and robust net rooms growth despite ongoing macroeconomic uncertainty, with luxury strength offset by weaker select service demand due to reduced government and business transient travel. Capuano noted that development activity remained strong, with nearly 32,000 rooms signed, over 70% in international markets, and a record pipeline of more than 590,000 rooms at quarter-end. Conversions accounted for about 30% of signings and openings in the first half of the year, and Marriott still expects full-year net rooms growth to approach 5%. He highlighted the launch of Series by Marriott, a new regional brand targeting the midscale and upscale segments, and its founding deal with India's Fern portfolio. Capuano also pointed to the acquisition of lifestyle brand citizenM as a key expansion, positioning Marriott better to serve guests, Bonvoy members, and owners globally. 'Our results in the second quarter underscore the resiliency of our cash-generating, asset-light business model and the strength of our brands,' he said. Outlook Marriott revised its 2025 adjusted EPS outlook to $9.85-$10.08 (prior $9.82-$10.19) versus the $10.06 analyst consensus estimate and gross fee revenue of $5.365 billion-$5.420 billion (prior $5.365 billion-$5.475 billion). The company expects third-quarter adjusted EPS of $2.31-$2.39 against an analyst consensus estimate of $2.48 and gross fee revenue of $1.310 billion-$1.325 billion. Marriott stock declined 8% year-to-date amid macroeconomic uncertainties like labor costs and travel demand fluctuations. Price Action: Marriott shares traded lower by 0.68% to $257.37 at last check Tuesday. Photo via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? MARRIOTT INTERNATIONAL (MAR): Free Stock Analysis Report This article Marriott CEO Highlights Luxury Spend Offset By Economic Uncertainty, Reduced Government And Business Travel originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
18 minutes ago
- Yahoo
Jim Cramer Notes 'CoreWeave Was Good'
CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks that Jim Cramer spoke about. Answering a caller's query about the company during the lightning round, Cramer said: 'Look, I think CoreWeave, I gotta tell you, CoreWeave was up 11 today, CoreWeave was 11. I think CoreWeave was good. Remember, NVIDIA's better than CoreWeave. I think CoreWeave might even tell you that.' Photo by Chris Liverani on Unsplash CoreWeave (NASDAQ:CRWV) provides a cloud platform optimized for GenAI workloads, as it provides compute, storage, networking, and managed services. The company's tools support AI model training, inference, rendering, and dataset optimization for enterprise-scale deployments. When a caller inquired about the stock during the July 21 episode, he responded: 'Alright, I think I like CoreWeave and I like Michael Intrator, but I would say the stock is $60 billion, and it's going to have to come down and cool off a little bit. There are too many shorts in it. The shorts are covering right now. Once they're finished covering, I think the stock does drop, and you can take a look at it.' While we acknowledge the potential of CRWV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 minutes ago
- Yahoo
Jim Cramer Calls Lincoln Educational a 'Pretty Expensive Stock'
Lincoln Educational Services Corporation (NASDAQ:LINC) is one of the stocks that Jim Cramer spoke about. Responding to a caller's query about the company, Cramer said: 'Oh, it's a pretty expensive stock. I like the concept, but it's up 44%. We got to wait to have it come in.' A technical stock market chart. Photo by Energepic from Pexels Lincoln Educational Services (NASDAQ:LINC) provides career-focused postsecondary education as it offers programs in automotive technology, skilled trades, health sciences, and information technology. On July 7, when a caller asked if the stock is a good long-term investment, Cramer replied: 'Yes, I do. Actually, I do, and I've been thinking about that myself all weekend. That's where you want to be.' The company is expected to release its Q2 earnings on August 11. In Q1, based on the results, the company had raised its full-year guidance. Lincoln Educational Services (NASDAQ:LINC) raised its revenue estimates from $480 million – $490 million to $485 million to – $495 million and net income from $8 million – $13 million to $10 – $15 million. While we acknowledge the potential of LINC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
