IIPR ALERT: ROSEN, A TOP LEGAL LAW FIRM, Encourages Innovative Industrial Properties, Inc. Investors Who Have Suffered Losses to Learn About Class Action Investigation
NEW YORK, April 16, 2022 /PRNewswire/ —
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Innovative Industrial Properties, Inc. (NYSE: IIPR, IIPR-PA ) resulting from allegations that Innovative Industrial Properties may have issued misleading marketing information. information to the investing public.
SO WHAT: If you have purchased securities of Innovative Industrial Properties, you may be entitled to compensation without payment of fees or out-of-pocket costs through a contingent fee arrangement. Rosen Law is preparing a class action lawsuit to recover investors’ losses.
WHAT TO DO NEXT: To join the potential class action, go to https://rosenlegal.com/submit-form/?case_id=5301 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] or [email protected] for more information on the class action.
WHAT DOES IT TALK ABOUT: On April 14, 2022during trading hours, market analyst Blue Orca Capital released a report regarding the Innovative IPs which alleges several problems with the Innovative IPs, including that it is “a marijuana bank posing as for a REIT[,]and that “IIPR is less of a traditional REIT, and more of a marijuana bank, lending to cannabis companies that otherwise would not have access to the banking system to grow their businesses.” Further, the report alleges that “IIPR’s largest tenant is a failed SPAC that appears to be in serious financial trouble and was recently sued by investors accusing it of securities fraud and actually being a Ponzi scheme.”
On this news, Innovative Industrial Properties’ share price fell sharply during intraday trading on the April 14, 2022.
WHY THE ROSEN LAW: We encourage investors to select qualified attorneys with proven track records in leadership roles. Often the companies issuing reviews do not have comparable experience or resources. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company obtained more than $438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, Pennsylvania