Innovative Industrial Properties, Inc. (IIPR-PA)

CEDARHURST, N.Y.--(BUSINESS WIRE)--The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Innovative Industrial Properties, Inc. (NYSE: IIPR, IIPR-PA), if they purchased the Company’s securities between May 7, 2020 and April 13, 2022, inclusive (the “Class Period”). Shareholders have until June 24, 2022 to file lead plaintiff applications in the securities class action lawsuit. Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nyse-iipr/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com). Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of 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 materially misleading business information to the investing public. SO WHAT: If you purchased Innovative Industrial Properties securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=5301 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. WHAT IS THIS ABOUT: On April 14, 2022, during trading hours, market analyst Blue Orca Capital published a report regarding Innovative Industrial Properties which alleges several issues with the Innovative Industrial Properties including that it is “a marijuana bank masquerading as a REIT[,]” and that “IIPR is less of a traditional REIT, and more of a marijuana bank, lending to cannabis companies who 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 in severe financial distress and was recently sued by investors accusing it of securities fraud and being in effect a Ponzi scheme.” On this news, Innovative Industrial Properties’ stock price fell sharply during intraday trading on April 14, 2022. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome.