New York, New York–(Newsfile Corp. – January 26, 2025) – WHY: The Rosen Law Firm, a global investor rights law firm, announced the filing of a class action lawsuit on behalf of purchasers of the securities of Innovative Industrial Properties Inc. (NYSE: NYSE: ) between February 27, 2024 and December 19, 2024, both dates inclusive (the “Class Period”). If you want to serve as the lead plaintiff, you must move the Court no later than March 18, 2025.

WHATEVER: If you purchased IIPR securities during the Class Period you may be entitled to compensation free of any out-of-pocket fees or expenses through a contingency fee arrangement.

WHAT TO DO NEXT: To join the IIPR class action, go to https://rosenlegal.com/submit-form/?case_id=33890 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has been filed. If you want to serve as the lead plaintiff, you must move the Court no later than March 18, 2025. The lead plaintiff is a representative party acting on behalf of other class members in the conduct of litigation.

WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, the companies issuing the notices do not have the same experience, resources, or any meaningful peer recognition. Be wise in choosing advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm achieved the largest securities class action settlement against a Chinese Company at that time. The Rosen Law Firm is ranked No. 1 in the ISS Securities Class action (WA:) Services for the number of securities class action settlements in 2017. The company has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the company earned over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, throughout the Class Period, the defendants made false and misleading statements and/or failed to disclose that: (1) IIPR experienced significant reductions in rent and property management fees related to certain customer leases; (2) the foregoing may harm IIPR’s ability to maintain funds from operations (“FFO”) and revenue growth; (3) accordingly, IIPR’s rental operations were less profitable than IIPR 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 claimed that investors suffered damages.

To join the IIPR class action, go to https://rosenlegal.com/submit-form/?case_id=33890 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information.

No Class Verified. Until a class is certified, you will not be represented by counsel unless you hold one. You can choose the advice you want. You can also stay out of class and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent on serving as the lead plaintiff.

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