INNOVATIVE INDUSTRIAL 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Innovative Industrial Properties, Inc. – IIPR

INNOVATIVE INDUSTRIAL 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of 0,000 of Deadline in Class Action Lawsuit Against Innovative Industrial Properties, Inc. – IIPR
CANNANNEW REPORT

NEW ORLEANS–(BUSINESS WIRE)–Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 24, 2022 to file lead plaintiff applications in a securities class action lawsuit against 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”). This action is pending in the United States District Court for the District of New Jersey. What You May Do If you purchased securities of Innovative Industrial and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-iipr/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by June 24, 2022. Innovative Industrial and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company’s focus is to be a cannabis company lender rather than a real estate investment trust (REIT); (ii) the true values of the Company’s properties are significantly lower than represented; (iii) the Company’s top customers experienced significant issues; (iv) as a result, its top customers may not be able to continue making payments to the Company and it would face significant issues replacing these customers; and (v) as a result of the foregoing, the…

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Source : INNOVATIVE INDUSTRIAL 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of 0,000 of Deadline in Class Action Lawsuit Against Innovative Industrial Properties, Inc. – IIPR

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