US EditionIIPR Deadline: IIPR Investors Have Opportunity to Lead Innovative Industrial Properties, Inc. Securities Fraud Lawsuit
- Rosen Law Firm reminds purchasers of Innovative Industrial Properties, Inc. , listed on the NYSE, of a lead plaintiff deadline of March 18, 2025, for a class action lawsuit.
- The class action lawsuit, already filed, concerns purchases of IIPR securities between February 27, 2024, and December 19, 2024, inclusive.
- The lawsuit alleges false and misleading statements and failures to disclose information, specifically regarding declines in rent and property-management fees impacting IIPR's financial performance and profitability.
- Investors allegedly suffered damages when the true details of IIPR's financial situation entered the market, and compensation may be available without out-of-pocket fees due to the contingency fee arrangement.
- Analysts at Roth Mkm cut their target price on Innovative Industrial Properties from $140.00 to $130.00, maintaining a 'buy' rating, while Alliance Global Partners downgraded IIPR from 'strong-buy' to 'hold,' and Piper Sandler downgraded IIPR from 'neutral' to 'underweight' with a target price cut from $118.00 to $70.00.
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Charleston Gazette-Mail+44 Reposted by 44 other sources
IIPR Deadline: IIPR Investors Have Opportunity to Lead Innovative Industrial Properties, Inc. Securities Fraud Lawsuit
NEW YORK, March 15, 2025 /PRNewswire/ -
·Charleston, United States
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Great Lakes Advisors LLC Sells 2,057 Shares of Innovative Industrial Properties, Inc. (NYSE:IIPR)
Great Lakes Advisors LLC lowered its stake in shares of Innovative Industrial Properties, Inc. (NYSE:IIPR – Free Report) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,075 shares of the company’s stock after selling 2,057 shares during the period. […]
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