Bleichmar Fonti & Auld Files Lawsuit Against Lineage, Inc. Executives

Bleichmar Fonti & Auld LLP has filed a lawsuit against Lineage, Inc. and its senior executives and directors for potential federal securities law violations. The lawsuit, filed in the US District Court for the Eastern District of Michigan, asserts claims under Sections 11 and 15 of the Securities Act of 1933. Investors who purchased Lineage stock in its initial public offering on July 25, 2024, have until September 30, 2025, to ask to be appointed to lead the case.

Leading securities law firm Bleichmar Fonti & Auld LLP has filed a lawsuit against Lineage, Inc. and its senior executives and directors for potential violations of the federal securities laws. The lawsuit, filed in the U.S. District Court for the Eastern District of Michigan, asserts claims under Sections 11 and 15 of the Securities Act of 1933. The case, captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., et al., No. 2:25-cv-12383, alleges that Lineage misrepresented its financial health and market conditions in its initial public offering (IPO) documents LINE LAWSUIT ALERT: Lineage, Inc. Hit with Securities Class Action after 17% Stock Drop – Investors Urged to Contact BFA Law^[1].

Lineage, a cold storage focused real estate investment trust (REIT), operates hundreds of temperature-controlled storage facilities used by companies to store food and other perishable products. According to the complaint, Lineage's IPO documents touted consistent cold chain demand and the lingering effects of the COVID-19 pandemic as growth engines for the industry. However, it is alleged that Lineage was experiencing a sustained downturn due to customers destocking excess inventory built up during the pandemic and shifting to leaner inventories LINE LAWSUIT ALERT: Lineage, Inc. Hit with Securities Class Action after 17% Stock Drop – Investors Urged to Contact BFA Law^[1].

Following the IPO, Lineage's stock price has plummeted from $78 per share to lows near $40 per share, a decline of approximately 50%. Investors who purchased Lineage stock during its IPO on July 25, 2024, have until September 30, 2025, to ask the court to be appointed to lead the case LINE LAWSUIT ALERT: Lineage, Inc. Hit with Securities Class Action after 17% Stock Drop – Investors Urged to Contact BFA Law^[1].

Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. The firm has been named a top plaintiff law firm by several industry publications and has achieved notable successes, including recovering over $900 million from Tesla, Inc. and $420 million from Teva Pharmaceutical Ind. Ltd. LINE LAWSUIT ALERT: Lineage, Inc. Hit with Securities Class Action after 17% Stock Drop – Investors Urged to Contact BFA Law^[1].

Investors interested in participating in the lawsuit are encouraged to submit their information to BFA by visiting their website or contacting the firm directly. All representation is on a contingency fee basis, with no cost to investors and no responsibility for court costs or expenses of litigation LINE LAWSUIT ALERT: Lineage, Inc. Hit with Securities Class Action after 17% Stock Drop – Investors Urged to Contact BFA Law^[1].