Innovative Industrial Properties Is Being Investigated For Securities Fraud – Investors With Losses Are Urged To Contact Kehoe Law Firm, P.C. – IIPR
Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Innovative Industrial Properties, Inc. (“Innovative Industrial” or “IIPR”) (NYSE:IIPR) for potential violations of securities laws.
INVESTORS OF IIPR STOCK WITH FINANCIAL LOSSES CAN CLICK HERE OR EMAIL [email protected] TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE SECURITIES CLASS ACTION INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
The class action securities investigation focuses on whether IIPR made false and misleading statements to the market, thereby injuring investors.
On November 6, 2024, Innovative Industrial released its third-quarter financial results, which fell short of consensus estimates for normalized funds from operations and revenue. Innovative Industrial attributed the disappointing results to a decline in rent and property management fees collected during the quarter.
On this news, shares of IIPR dropped by over 10.5% the following day, resulting in financial losses for investors.
INVESTORS OF INNOVATIVE INDUSTRIAL STOCK WITH FINANCIAL LOSSES ALSO CAN CONTACT JOHN KEHOE, ESQ., (215) 792-6676, EXT.801, [email protected], OR MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO LEARN MORE ABOUT THE SECURITIES CLASS ACTION INVESTIGATION AND POTENTIAL LEGAL CLAIMS.