Lineage, Inc. Faces Securities Fraud Allegations in Lawsuit Filed by Levi & Korsinsky

Investors have filed a class-action lawsuit against Lineage, Inc. alleging securities fraud in connection with the company's July 2024 initial public offering. The lawsuit seeks to represent all purchasers of Lineage common stock in or traceable to the registration statement used in the IPO. If you suffered a loss, contact Levi & Korsinsky for more information or visit SueWallSt for further details.

Investors have filed a class-action lawsuit against Lineage, Inc. (NASDAQ: LINE) alleging securities fraud in connection with the company's July 2024 initial public offering (IPO). The lawsuit seeks to represent all purchasers of Lineage common stock in or traceable to the registration statement used in the IPO.

The lawsuit, captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 25-cv-12383 (E.D. Mich.), charges Lineage and certain of its top executives, directors, IPO underwriters, and IPO sponsor with violations of the Securities Act of 1933. Robbins Geller Rudman & Dowd LLP, one of the leading law firms representing investors in securities fraud and shareholder litigation, has announced the filing of the lawsuit and is seeking lead plaintiffs to represent the class of investors [1].

The complaint alleges that the registration statement for Lineage's IPO was false and/or misleading and/or failed to disclose that Lineage was experiencing sustained weakening in customer demand, price increases that could not be sustained, and operational inefficiencies. As a result, Lineage's financial results, business operations, and prospects were materially impaired. The price of Lineage stock has fallen significantly since the IPO, remaining substantially below the initial offering price [1].

Investors who purchased Lineage common stock in or traceable to the registration statement used in the IPO have until Tuesday, September 30, 2025, to seek appointment as lead plaintiff in the lawsuit. Interested investors can contact Robbins Geller Rudman & Dowd LLP for more information or visit their website [1].

In addition to Robbins Geller, another law firm, the Schall Law Firm, has also announced a class action lawsuit against Lineage, Inc. for violations of the federal securities laws. The Schall Law Firm is encouraging investors who suffered losses to contact them before the September 30, 2025, deadline [2].

Investors are urged to act quickly to ensure their rights are protected. The deadline for filing a lead plaintiff motion is fast approaching, and investors who missed the opportunity to file a lawsuit may be unable to recover their losses [3].

References:
[1] https://www.prnewswire.com/news-releases/lineage-investor-alert-robbins-geller-rudman--dowd-llp-files-class-action-lawsuit-against-lineage-inc-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-securities-class-action-lawsuit---line-302533002.html
[2] https://www.morningstar.com/news/pr-newswire/20250821la56323/line-investors-have-opportunity-to-lead-lineage-inc-securities-fraud-lawsuit-with-the-schall-law-firm
[3] https://www.morningstar.com/news/globe-newswire/9515614/deadline-alert-lineage-inc-line-investors-who-lost-money-urged-to-contact-glancy-prongay-murray-llp-about-securities-fraud-lawsuit