Lineage IPO investors sue over alleged misrepresentation claims.

A class action lawsuit has been filed against Lineage, Inc. (NASDAQ:LINE) on behalf of investors who purchased the company's initial public offerings. The lawsuit alleges misrepresentation and seeks damages. Investors have until September 30, 2025, to apply to be appointed as lead plaintiff. Those who suffered losses are encouraged to contact Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648 to discuss their options.

A class action lawsuit has been filed against Lineage, Inc. (NASDAQ:LINE) on behalf of investors who purchased the company's initial public offerings. The lawsuit alleges that Lineage made false and misleading statements in its IPO registration statement, resulting in significant losses for investors. The suit seeks damages and is being led by Lieff Cabraser [1].

The lawsuit, filed in the U.S. District Court for the Northern District of California, alleges that Lineage's IPO registration statement contained untrue statements of material fact and omitted to state material facts required to be stated therein or necessary to make the statements not misleading. Specifically, the complaint alleges that Lineage was experiencing sustained, waning customer demand before its IPO, due to additional cold-storage suppliers entering the market and Lineage’s customers destocking excess inventory [1].

Lineage investors who wish to learn more about the litigation and how to seek appointment as lead plaintiff should complete the form below, text or email investorinfo@lchb.com, or call Lieff Cabraser partner Sharon M. Lee at 1-800-541-7358 [1].

The lawsuit also alleges that Lineage implemented price increases in the lead-up to the IPO that could not be sustained in light of the weakening demand environment facing the Company. Additionally, it claims that Lineage was unable to effectively counteract these adverse trends through minimum storage guarantees or operational efficiencies [1].

Investors who purchased Lineage common stock in or traceable to the registration statement used in connection with the Company’s July 26, 2024 initial public offering are urged to join the class action lawsuit. The lawsuit seeks to recover losses on behalf of Lineage, Inc. investors who were adversely affected by alleged securities fraud [2].

The deadline for investors to request appointment as lead plaintiff is September 30, 2025. There is no cost or obligation to participate in the lawsuit. Investors who suffered a loss in Lineage, Inc. during the relevant time frame are encouraged to contact Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648 to discuss their options [3].

References:
[1] https://www.lieffcabraser.com/securities/lineage/
[2] https://www.globenewswire.com/news-release/2025/09/05/3145542/3080/en/Shareholders-that-lost-money-on-Lineage-Inc-LINE-Urged-to-Join-Class-Action-Contact-Levi-Korsinsky-to-Learn-More.html
[3] https://www.ainvest.com/news/lineage-investors-sue-ipo-claims-false-misleading-information-2509/