#USA #New York #Class Action #Pomerantz LLP #Lineage Inc

Pomerantz Law Firm Investigates Lineage, Inc. for Securities Fraud

Pomerantz LLP, a reputable law firm known for its work in securities and corporate litigation, is currently investigating claims on behalf of investors in Lineage, Inc. (NASDAQ: LINE). The investigation focuses on potential securities fraud and unlawful business practices allegedly committed by the company's officers and directors.

Background of the Case

Lineage, Inc. went public on July 25, 2024, with an initial public offering (IPO) that involved the sale of over 56 million shares priced at $78 each. This IPO was anticipated to create significant investment opportunities. However, the company faced challenges shortly after, which raised concerns among investors.

In its first-quarter report of 2025, released on April 30, the company revealed a 2.7% decrease in total revenue, amounting to $1.29 billion. This drop was attributed to a return to more typical seasonal trends after several years of elevated inventory levels. The news provoked significant market activity; Lineage's stock price plummeted by $8.26, a decrease of 14.62%, closing at $48.23 per share that same day.

Such events prompted Pomerantz LLP to delve deeper into the actions of Lineage’s leadership, assessing whether their decisions may have misled investors and violated securities laws. Potential indicators of misconduct may include failing to disclose critical information relevant to investors or manipulating financial statements in a way that artificially inflated stock prices prior to the IPO.

The Role of Pomerantz LLP

Pomerantz LLP has a long history in securities litigation, standing out as one of the pioneering firms in this area, established by Abraham L. Pomerantz, often referred to as the