Core Viewpoint - Rosen Law Firm is reminding purchasers of Innovative Industrial Properties, Inc. (IIPR) securities of a class action lawsuit with a lead plaintiff deadline of March 18, 2025 [1] Group 1: Class Action Details - Investors who purchased IIPR securities between February 27, 2024, and December 19, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6] - Investors wishing to serve as lead plaintiff must file a motion with the court by the specified deadline [3] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4] - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4] Group 3: Case Allegations - The lawsuit alleges that IIPR made false and misleading statements regarding its financial performance, including significant declines in rent and property-management fees [5] - It is claimed that these issues would impair IIPR's ability to maintain funds from operations (FFO) and revenue growth, making its leasing operations less profitable than represented [5] - The lawsuit asserts that IIPR's public statements were materially false and misleading, leading to investor damages when the true details emerged [5]

NEW YORK - February 28, 2025 (NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Innovative Industrial Properties, Inc. (Innovative Industrial Properties or the Company) (NYSE: IIPR) on behalf of investors that purchased or otherwise acquired Industrial Properties securities between February 27, 2024 and December 19, 2024 (the Class Period). CLICK HERE TO JOIN THE CASE If you are an investor in Innovative Industrial Properties and have suffered losses, y ...

NEW YORK, Feb. 28, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Innovative Industrial Properties, Inc. ("Innovative Industrial Properties" or the "Company") (NYSE: IIPR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Innovative Industrial Properties investors who were adversely affected by alleged securities fraud between February 27, 2024 and December 19, 2024. Follow the link below to get more information and be contacted by a me ...

In this insightful video, Tyler Crowe, and Jason Hall evaluate Innovative Industrial Properties (IIPR -0.37%), a REIT focused on medical-use cannabis facilities. They provide ratings on various aspects of the business and discuss whether IIPR is a solid investment opportunity for the future.*Stock prices used were the prices of Jan. 22, 2025. The video was published on Feb. 27, 2025. ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Innovative Industrial Properties, Inc. (IIPR) regarding a class action lawsuit due to alleged misleading statements and omissions during a specified class period [1][2]. Summary by Relevant Sections Allegations - The complaint alleges that during the class period from February 27, 2024, to December 19, 2024, IIPR made materially false and misleading statements, failing to disclose significant declines in rent and property-management fees related to certain customer leases [1]. - It is claimed that these issues would likely impair the company's ability to maintain funds from operations and revenue growth [1]. - The leasing operations of IIPR were reportedly less profitable than represented to investors, leading to materially false and misleading public statements [1]. Class Action Details - Shareholders who purchased IIPR shares during the class period are encouraged to register for the class action, with a deadline set for March 18, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by false or misleading statements that led to artificial inflation of stock prices [3].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Innovative Industrial Properties To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Innovative Industrial Properties between February 27, 2024 and December 19, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for add ...

Core Viewpoint - The Innovative Industrial Properties, Inc. is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding its financial performance and rental income [1][3]. Company Overview - Innovative Industrial Properties is a self-advised Maryland corporation focused on acquiring, owning, and managing specialized properties leased to state-licensed operators for regulated cannabis facilities [2]. Allegations of the Lawsuit - The lawsuit alleges that during the class period, the company made false or misleading statements and failed to disclose significant declines in rent and property-management fees, which would impair its ability to maintain funds from operations (FFO) and revenue growth [3]. - Specific claims include a reported normalized FFO per share of $2.02 for Q3 2024, missing the consensus estimate of $2.03 and declining from $2.09 in Q3 2023, alongside revenue of $76.5 million, which also missed estimates and declined from $77.8 million in the same period the previous year [4]. - The lawsuit highlights a $3.0 million decline in contractual rent and property management fees due to properties regained since June 2023, and a $1.3 million decline from re-classified leases, contributing to the overall revenue drop [4]. Impact on Stock Price - Following the financial disclosures on November 6, 2024, the stock price of Innovative Industrial Properties fell more than 10% [4]. - On December 20, 2024, the company announced that PharmaCann Inc., a tenant responsible for 17% of its total rental revenues, defaulted on rent obligations, leading to a nearly 23% drop in stock price [5]. Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Innovative Industrial Properties securities during the class period to seek appointment as lead plaintiff in the lawsuit, representing the interests of the class [6].

Core Viewpoint - A class action securities lawsuit has been filed against Innovative Industrial Properties, Inc. due to alleged securities fraud affecting investors between February 27, 2024, and December 19, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the company made false statements and concealed significant declines in rent and property-management fees related to certain customer leases [3]. - It is alleged that these issues would likely impair the company's ability to maintain funds from operations and revenue growth [3]. - The complaint asserts that the leasing operations of Innovative Industrial Properties were less profitable than previously represented to investors, leading to materially false and misleading public statements [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until March 18, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Innovative Industrial Properties, Inc. (IIPR) regarding a class action lawsuit due to alleged misleading statements and undisclosed information during a specified class period [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from February 27, 2024, to December 19, 2024 [1]. - Allegations include significant declines in rent and property-management fees related to certain customer leases, which may impair the company's ability to maintain funds from operations and revenue growth [1]. - It is claimed that IIPR's leasing operations were less profitable than previously represented, leading to materially false and misleading public statements [1]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by March 18, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. - Participation in the case incurs no cost or obligation for shareholders [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Core Insights - Innovative Industrial Properties (IIPR) is currently trading below $80 per share, a significant decline attributed to the December default of its largest tenant, PharmaCann, which accounted for approximately 17% of annualized base rent [1] Group 1: Company Performance - The decline in IIPR's share price reflects the impact of tenant defaults on real estate investment trusts (REITs) [1] - The equity market's daily price fluctuations can lead to substantial long-term wealth creation or destruction, highlighting the volatility in the REIT sector [1] Group 2: Investment Strategy - Pacifica Yield is focused on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms, indicating a strategic approach to investment in the current market environment [1]