Class Actions Filed Against Lineage, Flywire for Securities Fraud

Multiple lawsuits have been filed against Lineage, Inc., a cold storage real estate investment trust, alleging securities fraud related to its July 2024 initial public offering (IPO). Plaintiffs claim that Lineage made false or misleading statements about sustained customer demand, revenue growth, occupancy rates, and the impact of COVID-19 pandemic trends, while in reality the company was experiencing a downturn due to customers destocking excess inventory and shifting to leaner supplies amid increased cold-storage capacity. Significant stock price declines followed public disclosures of financial losses, layoffs due to reduced demand, auditor dismissal, and decreased revenue, prompting investors to seek recovery under federal securities laws. Separately, Flywire Corporation faces a lawsuit alleging it overstated revenue sustainability and understated the impact of international student visa restrictions on its education-related payments business. Investors in both companies are encouraged to contact legal firms before upcoming September 2025 deadlines to participate in the class actions.