Alexandria Real Estate(US:ARE) Prnewswire·2026-01-01 14:02Core Viewpoint - The company Alexandria Real Estate Equities is facing legal action due to allegations of violating federal securities laws by making misleading statements regarding its Long Island City property and its leasing value as part of its Megacampus strategy [2]. Financial Performance - Alexandria reported third quarter earnings for 2025 that did not meet analyst expectations, with a 5% decline in revenue and a 7% decline in adjusted funds from operation [3]. - The average occupancy rate for Alexandria decreased from 94.8% in the previous year to 91.4% [3]. - Following the release of these financial results, Alexandria's stock price dropped over 19% on October 28, 2025 [3]. Legal Proceedings - A lead plaintiff has been appointed in the class action lawsuit, representing the investor with the largest financial interest in the case [4]. - Any member of the putative class can move to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [4]. Whistleblower Information - The law firm Faruqi & Faruqi encourages individuals with information regarding Alexandria's conduct, including whistleblowers and former employees, to come forward [5].