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Innovative Industrial Properties, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before March 18, 2025 to Discuss Your Rights – IIPR

1. Gross Law Firm initiates a class action for IIPR shareholders. Legal action targets misleading public statements. 2. Allegations claim IIPR misstated declining rent and fee revenues. Profitability and operational funds are questioned. 3. Shareholders must register by March 18, 2025 for lead plaintiff status. No cost is required to participate.

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Why Bearish?

The lawsuit allegations could trigger investor sell-offs amid legal uncertainties. Similar cases in the REIT sector have led to immediate price downturns due to litigation risk.

How important is it?

The litigation highlights alleged financial misrepresentation that may affect investor sentiment and cause short-term trading declines. Prior similar legal actions have negatively impacted stock performance.

Why Short Term?

Legal developments often create near-term volatility in stock prices. Historical class actions have produced immediate adverse market reactions.

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NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Innovative Industrial Properties, Inc. (NYSE: IIPR). Shareholders who purchased shares of IIPR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/innovative-industrial-properties-inc-loss-submission-form-2/?id=130557&from=3 CLASS PERIOD: February 27, 2024 to December 19, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) IIPR was experiencing significant declines in rent and property-management fees in connection with certain customer leases; (ii) the foregoing would likely impair the Company’s ability to maintain funds from operations and revenue growth; (iii) accordingly, IIPR’s leasing operations were less profitable than the Company had represented to investors; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times. DEADLINE: March 18, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/innovative-industrial-properties-inc-loss-submission-form-2/?id=130557&from=3 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of IIPR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is March 18, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm 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. CONTACT:The Gross Law Firm15 West 38th Street, 12th floorNew York, NY, 10018Email: dg@securitiesclasslaw.comPhone: (646) 453-8903

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