-

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Innovative Industrial Properties, Inc. (IIPR) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Innovative Industrial Properties, Inc. (“Innovative Industrial Properties” or the “Company”) (NYSE: IIPR) investors concerning the Company’s possible violations of federal securities laws.

On April 14, 2022, before market hours, Blue Orca Capital released a report alleging, among other things, that Innovative Industrial Properties is “a marijuana bank masquerading as a [real estate investment trust (“REIT”)],” and that the Company’s model is “to conduct sale-leaseback transactions with cannabis producers who are otherwise prohibited from borrowing money because of federal regulations.”

On this news, the Company’s stock fell $13.76, or 7.5%, to close at $169.68 per share on April 14, 2022, thereby injuring investors.

If you purchased Innovative Industrial Properties securities, have information or 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

Industry:

Law Offices of Howard G. Smith

NYSE:IIPR
Release Versions
English

Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

More News From Law Offices of Howard G. Smith

Deadline Alert: Arbor Realty Trust, Inc. Stockholders Face January 8, 2027 Lead Plaintiff Deadline in Securities Fraud Class Action, The Law Offices of Howard G. Smith Highlights

BENSALEM, Pa.--(BUSINESS WIRE)--Arbor Realty Trust, Inc. ("Arbor Realty" or the "Company") (NYSE: ABR) investors who wish to serve as lead plaintiff in a pending securities fraud class action lawsuit must move the Court by January 8, 2027. The suit was filed on behalf of investors who purchased or otherwise acquired the Company's securities from February 27, 2026 through October 30, 2026, inclusive. The Law Offices of Howard G. Smith today highlighted the deadline in the case, Greenbaum v. Arbor...

Did You Lose Money on Unum Group Stock? The Law Offices of Howard G. Smith Announces Securities Fraud Investigation After 17.84% Share Price Decline

BENSALEM, Pa.--(BUSINESS WIRE)--Investors who suffered losses on Unum Group ("Unum" or the "Company") stock may have claims to recover those losses. The Law Offices of Howard G. Smith today reported that it is conducting a securities fraud investigation on behalf of Unum Group (NYSE: UNM) investors into whether the Company may have violated the federal securities laws. The investigation comes after a November 3, 2026 disclosure concerning Unum Group.Investors with losses on Unum Group securities...

Did You Lose Money on Kinross Gold Corporation Stock? The Law Offices of Howard G. Smith Announces Securities Fraud Investigation After 11.59% Share Price Decline

BENSALEM, Pa.--(BUSINESS WIRE)--Investors who suffered losses on Kinross Gold Corporation ("Kinross" or the "Company") stock may have claims to recover those losses. The Law Offices of Howard G. Smith today reported that it is conducting a securities fraud investigation on behalf of Kinross Gold Corporation (NYSE: KGC) investors into whether the Company may have violated the federal securities laws. The investigation comes after a September 23, 2026 disclosure concerning Kinross Gold Corporation...
Back to Newsroom