A lawsuit has been filed against Lineage, Inc. and senior executives and directors for potential securities law violations. Investors who purchased stock in the company's IPO are encouraged to visit https://www.bfalaw.com/cases/lineage-inc-class-action-lawsuit for more information. The case is pending in the U.S. District Court for the Eastern District of Michigan, with a deadline of September 30, 2025, to be appointed to lead the case.
Lineage, Inc. (NASDAQ: LINE), a Maryland-based real estate investment trust (REIT) focused on temperature-controlled cold-storage facilities, is facing a class action lawsuit. The lawsuit, filed by Robbins Geller Rudman & Dowd LLP and Bleichmar Fonti & Auld LLP, alleges potential violations of the Securities Act of 1933. Investors who purchased Lineage stock during its July 2024 initial public offering (IPO) are encouraged to seek lead plaintiff status in the lawsuit.
The lawsuit, captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 2:25-cv-12383, is pending in the U.S. District Court for the Eastern District of Michigan. The complaint alleges that Lineage's IPO registration statement was false and misleading. Specifically, the complaint asserts that Lineage was experiencing sustained weakening in customer demand due to excess inventory built up during the COVID-19 pandemic and shifting consumer trends. Additionally, the complaint alleges that Lineage implemented price increases that could not be sustained in the face of weakening demand, and that the company's operational efficiencies and technological improvements were insufficient to counteract these adverse trends.
Since the IPO, Lineage's stock price has fallen significantly, from $78 per share to lows near $40 per share. Investors who suffered substantial losses in their Lineage investments are urged to contact the law firms representing the class action lawsuit. Robbins Geller Rudman & Dowd LLP and Bleichmar Fonti & Auld LLP have both announced that investors have until September 30, 2025, to seek appointment as lead plaintiff in the case.
Investors interested in seeking lead plaintiff status can visit the respective law firms' websites for more information. Robbins Geller Rudman & Dowd LLP can be reached at [NUMBER 1] https://www.rgrdlaw.com/cases-lineage-inc-class-action-lawsuit-line.html, while Bleichmar Fonti & Auld LLP can be reached at [NUMBER 2] https://www.bfalaw.com/cases/lineage-inc-class-action-lawsuit.
Investors should be aware that the appointment of a lead plaintiff is subject to the Private Securities Litigation Reform Act of 1995. The lead plaintiff will act on behalf of all other class members in directing the lawsuit. Investors should also note that the ability to share in any potential recovery is not dependent upon serving as lead plaintiff.
Investors are advised to consult with legal counsel to determine their rights and options regarding the Lineage class action lawsuit.
References:
[1] https://www.morningstar.com/news/globe-newswire/9511165/lineage-investor-deadline-robbins-geller-rudman-dowd-llp-files-class-action-lawsuit-against-lineage-inc-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-investor-class-action-lawsuit-line
[2] https://www.globenewswire.com/news-release/2025/08/13/3132599/0/en/LINEAGE-STOCK-Lose-Money-on-Your-Lineage-Inc-NASDAQ-LINE-Investment-Contact-BFA-Law-before-the-September-30-Legal-Deadline.html
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