Investors Alert: Lead Plaintiff Deadline Approaches in Innovative Industrial Properties Class Action Lawsuit
Investors Alert on Innovative Industrial Properties
Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued a warning to investors who have experienced losses exceeding $100,000 from their investments in Innovative Industrial Properties, Inc. (IIPR). Investors are urged to pay close attention to the approaching lead plaintiff application deadline in a serious class action lawsuit against the company, which is currently pending in the United States District Court for the District of Maryland.
Legal Action Background
The lawsuit concerns allegations of securities law violations by Innovative Industrial Properties and some of its executives. Specifically, the firm is accused of withholding crucial information from shareholders during a crucial period that spanned from February 27, 2024, to December 19, 2024. This period, referred to as the