Overview

• Investors who bought Lineage, Inc. (NASDAQ: LINE) shares in the July 2024 IPO have until September 30, 2025 to ask the court to serve as lead plaintiff.
• The case, 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 complaint brings Securities Act Sections 11 and 15 claims, alleging false or misleading IPO disclosures about customer destocking, new cold‑storage capacity, occupancy, revenue, and pricing.
• Plaintiff firms including Bleichmar Fonti & Auld, The Rosen Law Firm, and Bronstein, Gewirtz & Grossman are soliciting investors on a contingency‑fee basis as the deadline approaches.
• Lineage disclosed on February 26, 2025 that customers were unwinding overbuilt inventories, and the stock has traded down from the $78 IPO price to reported lows near $40 per share.