Lineage, Inc.(US:LINE) Prnewswireยท2025-08-05 15:35Core Viewpoint - A class action lawsuit has been filed against Lineage, Inc. for alleged violations of federal securities laws related to misleading statements made during its IPO process [1][4]. Group 1: Lawsuit Details - The Schall Law Firm is representing investors who purchased Lineage's securities during its IPO in July 2024 and encourages them to contact the firm before September 30, 2025 [2]. - The lawsuit claims that Lineage made false and misleading statements that led to a weakening of demand as customers destocked excessive inventory and adjusted to changing consumer trends [4]. Group 2: Company Performance Issues - Lineage reportedly raised prices unsustainably prior to the IPO and failed to address demand problems through marketing or leveraging competitive advantages [4]. - The company's public statements are alleged to have been false and materially misleading throughout the class period, resulting in investor damages when the truth was revealed [4].