LOS ANGELES — The Schall Law Firm, a national litigation firm specializing in shareholder rights, has announced the initiation of a class action lawsuit against Lineage, Inc. for alleged violations of federal securities laws. The lawsuit affects investors who purchased Lineage securities that were offered during its initial public offering (IPO) in July 2024.
Shareholders who experienced financial losses due to their investment in Lineage are encouraged to make contact with the firm before the deadline of September 30, 2025. The Schall Law Firm is inviting individuals to join the case and recover their losses stemming from the company’s purported misrepresentations.
Interested parties can reach out to Brian Schall, an attorney with the firm, at their Los Angeles office located at 2049 Century Park East, Suite 2460, or via phone at 310-301-3335. Additional contact can be made through the firm’s website or by email for a free discussion regarding their legal rights.
The lawsuit is currently pending class certification, meaning affected investors are not yet represented by an attorney unless they choose to take action. Those opting not to engage with the lawsuit will remain as absent class members.
The complaint filed against Lineage alleges that the company provided false and misleading information to the market. According to the filing, Lineage faced reduced demand as customers adjusted their inventory levels and adapted to shifting consumer preferences. The company reportedly raised its prices preceding the IPO in a manner deemed unsustainable, failing to address declining demand through effective marketing or leveraging competitive advantages.
When the reality of Lineage’s situation became known, investors reportedly sustained losses due to these misrepresentations. The firm is urging all affected shareholders to consider their options for legal recourse.
The Schall Law Firm represents investors globally and focuses on securities class action cases and shareholder rights litigation.
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