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flag Investors sue Lineage, Inc., claiming its IPO was misleading, causing stock price to plummet.

flag A class action lawsuit has been filed against Lineage, Inc., a cold-storage REIT, alleging that its July 2024 IPO registration statement was misleading. flag The lawsuit, filed by multiple law firms, claims that the company overstated demand for its services, leading to a drop in its stock price from $78 per share. flag Investors who bought Lineage stock during the IPO have until September 30, 2025, to join the lawsuit and potentially seek compensation.

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