Lineage Inc. Misled Investors in IPO, Robbins LLP Alleges

Robbins LLP is investigating allegations that Lineage, Inc. misled investors in its IPO registration statement. The complaint alleges that Lineage experienced sustained weakening in customer demand, implemented price increases that couldn't be sustained, and suffered from stagnant or falling revenue, occupancy rates, and rent prices. As a result, the price of Lineage stock has fallen to lows near $40 per share. Shareholders who purchased Lineage stock in or traceable to the IPO registration statement may be eligible to participate in the class action.

Robbins LLP, a recognized leader in shareholder rights litigation, has announced that it is investigating allegations that Lineage, Inc. (NASDAQ: LINE) misled investors in its 2024 initial public offering (IPO) registration statement. The complaint alleges that Lineage experienced sustained weakening in customer demand, implemented price increases that could not be sustained, and suffered from stagnant or falling revenue, occupancy rates, and rent prices. As a result, the price of Lineage stock has fallen to lows near $40 per share, substantially below the IPO price at the time of the complaint filing.

The complaint, filed on June 26, 2024, alleges that Lineage's registration statement was false and/or misleading and/or failed to disclose several critical factors. These include the weakening demand environment, unsustainable price increases, and the company's inability to counteract adverse trends through minimum storage guarantees or operational efficiencies. Consequently, Lineage's financial results, business operations, and prospects were materially impaired.

Investors who purchased Lineage stock in or traceable to the IPO registration statement may be eligible to participate in the class action. Shareholders who wish to serve as lead plaintiffs must submit their papers with the court by September 30, 2025. The lead plaintiff acts on behalf of other class members in directing the litigation. Participation is optional, and shareholders can remain absent class members if they choose not to take action.

Robbins LLP advises shareholders to contact them for more information. The firm operates on a contingency fee basis, meaning shareholders pay no fees or expenses. For more details, investors can submit a form, email attorney Aaron Dumas, Jr., or call (800) 350-6003.

References:
[1] https://www.morningstar.com/news/pr-newswire/20250818dc53217/nasdaq-line-lawsuit-alert-investors-who-lost-money-with-lineage-inc-nasdaq-line-shares-should-contact-the-shareholders-foundation
[2] https://www.globenewswire.com/news-release/2025/08/14/3134018/32719/en/Robbins-LLP-Urges-LINE-Investors-with-Large-Losses-to-Contact-the-Firm-for-Information-About-Leading-the-LINE-Securities-Fraud-Class-Action.html