Rosen, a top-ranked global consultant, encourages innovative Industrial Properties, Inc. Investors to secure advisors ahead of important deadline in Securities Class Shares – IIPR
New York, New York -(Newsfile Corp. -January 26, 2025) – WHY: The Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of a securities buyer Innovative industrial properties Inch. (NYSE: NYSE 🙂 Between February 27, 2024 and December 19, 2024, both dates inclusive (the “Class Period”). If you want to serve as the chief prosecutor, you have to move the court no later than March 18, 2025.
So what: If you purchased IIPR Securities during the Class Period, you may be entitled to compensation without paying any out-of-pocket fees or expenses through a contingency fee arrangement.
What next: To join the IIPR class action, go to https://rosengegal.com/submit-form/?case_id=33890 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you want to serve as the chief prosecutor, you have to move the court no later than March 18, 2025. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select a qualified advisor with a track record of leadership. Often the companies issuing the notices do not have comparable experience, resources or any significant peer recognition. Be wise in choosing your advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm achieved the largest class action settlement ever at that time. Law firm Rosen ranked 1st in ISS Securities Action (WA 🙂 Services for the number of action settlements for securities in 2017. The company has been ranked in the top 4 every year since 2013 and has accounted for hundreds of millions of dollars for investors. In 2019 alone, the company secured more than $438 million for investors. In 2020, founder Laurence Rosen was named a titan of plaintiffs by Law360. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
Case details: According to the lawsuit, throughout the class, the defendants made false and misleading statements and/or failed to disclose that: (1) IIPR experienced a significant decrease in rental and property management fees related to certain customer leases; (2) the foregoing could impair IIPR’s ability to maintain funds from operations (“FFO”) and revenue growth; (3) accordingly, IIPR’s leasing operations were less profitable than IIPR represented to investors; and (4) as a result, IIPR’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit alleges, investors were harmed.
To join the IIPR class action, go to https://rosengegal.com/submit-form/?case_id=33890 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information.
No classes are certified. Until the class is certified, the attorney does not represent you if you do not retain it. You can choose the advice of your choice. You can also remain an absent member of the class and do nothing at this time. The investor’s ability to share in any potential future recovery is not dependent on the service of the lead plaintiff.
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