Overview

• A federal securities class action, 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 case asserts Sections 11 and 15 claims on behalf of investors who bought Lineage common stock in, or traceable to, the July 2024 IPO.
• Plaintiffs allege the registration statement omitted material facts about weakening customer demand, post‑COVID destocking, added cold‑storage capacity, and price increases that could not be sustained.
• Lineage conducted its IPO at $78 per share, and the stock has since traded to lows near $40, according to the complaint.
• Multiple investor law firms are urging eligible shareholders to seek lead‑plaintiff appointment by September 30, 2025, and no class has been certified.