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IIPR DEADLINE NOTICE: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Innovative Industrial Properties, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action — IIPR
IIPRInnovative Industrial Properties(IIPR) GlobeNewswire News Room·2025-03-01 23:43

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Innovative Industrial Properties, Inc. (IIPR) during the specified Class Period of the upcoming lead plaintiff deadline on 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 must move the Court to serve as lead plaintiff by March 18, 2025 [3]. - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that during the Class Period, IIPR made false and misleading statements regarding its financial health, including significant declines in rent and property-management fees [5]. - It is claimed that these issues would likely impair IIPR's ability to maintain funds from operations (FFO) and revenue growth, contradicting the company's public statements [5]. - The lawsuit asserts that when the true details became known, investors suffered damages due to the misleading information provided by IIPR [5].