Overview

• The securities action 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.
• The complaints assert Sections 11 and 15 claims alleging the July 2024 IPO materials misrepresented demand trends, customer destocking, and the sustainability of pre‑IPO price increases.
• The putative class covers purchasers of Lineage common stock issued in or traceable to the IPO, which was priced at $78 per share.
• Plaintiffs cite Lineage’s April 30, 2025 disclosure of a 2.7% revenue decline to $1.29 billion and the same‑day share drop of 14.6% to $48.23, with subsequent trading lows near $40.
• Multiple plaintiff firms, including Levi & Korsinsky, Rosen Law Firm, Bleichmar Fonti & Auld, Pomerantz, and Robbins Geller, are soliciting class members, and no class has been certified.