Press release
Investors who hold shares of Innovative Industrial Properties, Inc. (NYSE: IIPR) Long Term are encouraged to contact the Shareholders Foundation
An investigation on behalf of current long term investors in Innovative Industrial Properties, Inc. (NYSE: IIPR) shares.
Investors who are current long term investors in Innovative Industrial Properties, Inc. (NYSE: IIPR) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: IIPR stocks follows a lawsuit filed against Innovative Industrial Properties, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: IIPR stocks, concerns whether certain Innovative Industrial Properties, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the District of Maryland the plaintiff alleges that, the defendants made false statements and/or concealed that Innovative Industrial Properties, Inc was experiencing significant declines in rent and property-management fees in connection with certain customer leases, that the foregoing would likely impair the Company's ability to maintain funds from operations and revenue growth, that accordingly, IIPR's leasing operations were less profitable than the Company had represented to investors, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Innovative Industrial Properties, Inc. (NYSE: IIPR) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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