Here is the relevant passage from the Cassius Dio (78.7):
He [Caracalla] was so enthusiastic about Alexander that he used certain weapons and cups which he believed had once been his, and he also set up many likenesses of him both in the camps and in Rome itself. He organized a phalanx, composed entirely of Macedonians, sixteen thousand strong, named it "Alexander's phalanx," and equipped it with the arms that warriors had used in his day; these consisted of a helmet of raw ox-hide, a three-ply linen breastplate, a bronze shield, long pike, short spear, high boots, and sword. Not even this, however, satisfied him, but he must call his hero "the Augustus of the East"; and once he actually wrote to the senate that Alexander had come to life again in the person of the Augustus, that he might live on once more in him, having had such a short life before.
There is no mention of these troops being used in battle, though I guess they may have been. Caracalla had mainly done created this unit because he was obsessed with emulating Alexander. Throughout the chapter Cassius Dio describes the various ways Caracalla tries to emulate Alexander, Achilles, ect. while in the East, and his obsession with Macedonians. I'm sure we can assume that after Caracalla died the Roman generals, and his successor (who had been Prefect of the Praetorian Guard, so I assume a militarily practical man), realized the silliness of this project and reequipped these troops in more modern gear.
As for late Roman soldiers looking like a Greek phalanx because they used a spear (lancea) as their primary weapon, I guess that's true, kind of sort of. Here's some pictures of soldiers created in the late fourth, early fifth century:
https://upload.wikimedia.org/wikiped...lFolio188v.jpg
http://commons.wikimedia.org/wiki/Fi...janCouncil.jpg
https://upload.wikimedia.org/wikiped...r_early_6c.jpg
https://upload.wikimedia.org/wikiped...ave_Mosaic.jpg
http://www.bbc.co.uk/history/ancient..._gallery_6.jpg
And some reenactors:
http://en.wikipedia.org/wiki/File:Ro...n_province.jpg
http://en.wikipedia.org/wiki/File:Ro...n_province.jpg
I guess they have some things in common with the soldiers of the Greek city states, especially as after the reforms of Iphikrates.
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