SHAREHOLDER ALERT: Holzer & Holzer Announces a Class Action Was Filed on Behalf of Innovative Industrial Properties (IIPR) and Encourages Investors With Significant Losses to Contact the Firm

April 27, 2022 11:24 AM EDT | Source: Holzer & Holzer LLC

Atlanta, Georgia--(Newsfile Corp. - April 27, 2022) - Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Innovative Industrial Properties, Inc. ("Innovative Industrial Properties" or the "Company") (NYSE: IIPR). The lawsuit alleges Innovative Industrial Properties made certain false and/or misleading statements and/or failed to disclose that the Company's focus is to be a cannabis company lender and not a REIT, true values of the Company's properties are significantly lower than represented, and existential issues in the Company's top customers which may impact their ability to make payments and be difficult to replace.

If you bought shares of Innovative Industrial between May 7, 2020 and April 13, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at www.holzerlaw.com to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is June 24, 2022.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:

Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121880

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