Core Viewpoint - A securities class action lawsuit has been filed against Alexandria Real Estate Equities, Inc. for allegedly misleading investors regarding the company's financial performance and property valuations during the specified class period [1][2]. Group 1: Allegations and Financial Performance - The lawsuit claims that the defendants provided overly optimistic statements about the company's expected revenue and funds from operations (FFO) growth for fiscal year 2025, particularly regarding its real estate operations [2]. - On October 27, 2025, Alexandria reported disappointing financial results for Q3 2025, which included a significant real estate impairment charge of $323.9 million, with $206 million related to its Long Island City property [3]. - Following the announcement of these results, Alexandria's stock price dropped approximately 19%, falling from $77.87 per share to $62.94 per share [3]. Group 2: Legal Proceedings - Investors who acquired shares of Alexandria during the class period are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on January 26, 2026 [4].
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Alexandria Real Estate Equities, Inc. (ARE)