Innovative Industrial Properties(IIPR) GlobeNewswire News Room·2025-02-24 03:52Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Innovative Industrial Properties, Inc. (IIPR) during the specified Class Period of the upcoming lead plaintiff deadline on March 18, 2025 [1]. Group 1: Class Action Details - Investors who purchased IIPR securities between February 27, 2024, and December 19, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the March 18, 2025 deadline [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, IIPR made false and misleading statements regarding its financial health, including significant declines in rent and property-management fees [5]. - It is claimed that these misrepresentations impaired IIPR's ability to maintain funds from operations (FFO) and revenue growth, leading to damages for investors when the truth was revealed [5].