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IIPR ALERT: Bragar Eagel & Squire, P.C. is Investigating Innovative Industrial Properties, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

1. A class action lawsuit has been filed against IIPR on January 17, 2025. 2. The lawsuit accuses IIPR's board of breaching fiduciary duties. 3. Claims include IIPR misrepresented declines in rental and management fees. 4. The lawsuit suggests IIPR's growth potential may be overstated. 5. Investors may have suffered losses due to misleading statements.

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FAQ

Why Very Bearish?

Historically, similar lawsuits have led to stock price declines as investor confidence erodes. The allegations about misleading statements could trigger negative market reactions as seen in past cases like Tesla's lawsuit over misleading production numbers.

How important is it?

Legal issues often significantly affect stock performance, triggering sell-offs and volatility. The seriousness of the claims intensifies the potential negative impact on IIPR.

Why Short Term?

Immediate investor reaction expected due to the lawsuit's publicity. Past legal troubles in similar sectors have caused quick stock value drops.

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NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Innovative Industrial Properties, Inc. (NYSE:IIPR) on behalf of long-term stockholders following a class action complaint that was filed against IIPR on January 17, 2025 with a Class Period from February 27, 2024 to December 19, 2024. Our investigation concerns whether the board of directors of IIPR have breached their fiduciary duties to the company. According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) IIPR was experiencing significant declines in rent and property-management fees in connection with certain customer leases; (2) the foregoing would likely impair IIPR’s ability to maintain FFO and revenue growth; (3) accordingly, IIPR’s leasing operations were less profitable than IIPR had represented to investors; and (4) as a result, IIPR’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. If you are a long-term stockholder of IIPR, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

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