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4w ago

Investor Notices Intensify in Lineage IPO Case as Sept. 30 Lead‑Plaintiff Deadline Nears

Plaintiffs challenge Lineage’s IPO disclosures on demand trends, pricing sustainability, occupancy, revenue.

Rosen, leading investor counsel, encourages lineage, inc. investors to secure counsel before important deadline in securities class action line

Overview

  • Plaintiff firms including Gross, Rosen, Levi & Korsinsky, BFA, and Pomerantz issued new alerts this week urging IPO investors to consider lead‑plaintiff motions by September 30, 2025.
  • The case is pending in the U.S. District Court for the Eastern District of Michigan as City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 2:25-cv-12383, and no class has been certified.
  • Filed complaints assert Securities Act Sections 11 and 15 claims on behalf of purchasers in or traceable to Lineage’s July 2024 initial public offering.
  • Allegations center on undisclosed weakening demand tied to customer destocking and added cold‑storage capacity, unsustainable pre‑IPO price increases, and pressure on revenue, occupancy, and rents.
  • Investor notices cite a drop from the $78 IPO price to $48.23 at the April 30, 2025 close, with lows reported near $40 since the offering.