Specifically, the complaint filed by the Schall Law Firm accuses Lineage of overstating demand for its products, misrepresenting its pricing power, and concealing weaknesses in its business model. As a result of these alleged misstatements, shares of Lineage dropped significantly following its IPO, causing substantial financial losses to investors.
Lead Plaintiff Deadline Approaches
Investors who purchased or otherwise acquired Lineage securities between July 15, 2024, and August 1, 2025, are encouraged to contact the Schall Law Firm. The deadline to apply to become the lead plaintiff in the case is September 30, 2025. The lead plaintiff is typically the investor with the largest financial interest in the case and acts on behalf of all other class members in directing the litigation.
The Schall Law Firm is currently evaluating potential lead plaintiff candidates and urges shareholders who suffered significant losses to come forward. Those who choose to serve as lead plaintiff can help shape the direction of the case, select counsel, and ensure that their voice is heard in one of the most closely watched investor lawsuits of the year.
Background on Lineage, Inc. IPO and Allegations
Lineage, Inc. went public in mid-2024 amid much hype surrounding its operations in logistics and cold storage technologies. Investors were drawn in by the promise of high growth and strong margins, based on optimistic projections from company leadership.
However, the actual post-IPO performance of the company diverged sharply from these projections. Within weeks, analysts began to question the accuracy of the forecasts presented during the roadshow. When Lineage reported disappointing Q2 results, its stock plummeted by more than 35%, sparking investor anger and prompting legal scrutiny.
The lawsuit alleges that these misstatements artificially inflated Lineage’s stock price at the time of the IPO, misleading retail and institutional investors alike. The action seeks to recover damages for investors under the Securities Exchange Act of 1934.
