Lineage IPO Lawsuit: Deadline to Seek Lead Plaintiff is Sept. 30, 2025.

Lineage Inc. is facing a class-action lawsuit alleging violations of the Securities Act of 1933. The lawsuit involves the company's July 2024 initial public offering. The lead plaintiff must be appointed by September 30, 2025. Anyone who suffered substantial losses and wants to serve as lead plaintiff should provide their information through the link provided in the announcement.

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 alleging violations of the Securities Act of 1933. The lawsuit, captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 25-cv-12383 (E.D. Mich.), was filed on behalf of investors who purchased Lineage common stock in or traceable to the registration statement used in connection with the company's July 2024 initial public offering (IPO).

The class-action lawsuit, represented by Robbins Geller Rudman & Dowd LLP, a leading securities litigation firm, alleges that Lineage made false and/or misleading statements in its registration statement. The complaint alleges that Lineage was experiencing sustained weakening in customer demand due to increased cold-storage supply, destocking of excessive inventory built up during the COVID-19 pandemic, and shifting consumer trends. Additionally, it claims that Lineage implemented price increases that could not be sustained in light of the weakening demand environment and that the company was unable to effectively counteract these trends through minimum storage guarantees or operational efficiencies.

Since the IPO, the price of Lineage stock has fallen significantly, dropping to lows near $40 per share, substantially below the IPO price. Investors who suffered substantial losses and wish to serve as lead plaintiff in the lawsuit are encouraged to provide their information through the link provided in the announcement [1].

The lead plaintiff process allows any investor who purchased Lineage common stock in or traceable to the registration statement issued in connection with the IPO to seek appointment as lead plaintiff. The lead plaintiff will act on behalf of all other class members in directing the lawsuit. Investors are advised to contact the law firm of Robbins Geller Rudman & Dowd LLP to discuss their legal rights [1].

References:
[1] https://www.prnewswire.com/news-releases/lineage-investor-notice-investor-files-class-action-lawsuit-against-lineage-inc-and-attorneys-announce-opportunity-for-investors-with-substantial-losses-to-lead-class-action-lawsuit---line-302520096.html