13-11-2024 | Schall law firm urges shareholder participation in investigation into Innovative Industrial Properties, Inc. for violations of securities laws

LOS ANGELES, CA / ACCESSWIRE / November 13, 2024 / The Schall Law Firm, a national shareholder rights law firm, announces that it is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. (“IIP” or “the Company”) (NYSE:IIPR) for violating the securities laws .

According to the complaint, the company made false and misleading statements to the marketplace. IIP reported its third-quarter financial results on November 6, 2024. The company missed the consensus estimate for normalized funds from operations and also missed the estimate for revenue. The company blamed this quarter on a decline in rental prices and property management costs. Based on these facts, IIP’s shares fell more than 10.5% the next day.

Are you a shareholder and have you suffered a loss? click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights, free of charge. You can also reach us via the company website: www.schallfirm.comor by email at [email protected].

The Schall Law Firm represents investors worldwide and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered attorney advertising in some jurisdictions under applicable law and ethical rules.

CONTACT:

Schall law firm

Brian Schall, Esq.

310-301-3335

[email protected]

www.schallfirm.com

SOURCE: Schall law firm

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