An investigation on behalf of current long term investors in Innovative Industrial Properties, Inc. (NYSE:IIPR) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 09/12/2022 -- Certain directors of Innovative Industrial Properties, Inc. are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in Innovative Industrial Properties, Inc. (NYSE: IIPR) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in Innovative Industrial Properties, Inc. (NYSE: IIPR) stocks follows a lawsuit filed against Innovative Industrial Properties, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: IIPR stocks, concerns whether certain Innovative Industrial Properties, Inc directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that the true values of Innovative Industrial Properties' properties are significantly lower than Innovative Industrial Properties represents, that existential issues in its top customers, that that as a result, its top customers may not be able to continue making payments to Innovative Industrial Properties and Innovative Industrial Properties would face significant issues replacing these customers, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times
Those who purchased shares of Innovative Industrial Properties, Inc. (NYSE: IIPR) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.