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The filed complaint alleges that Iron Mountain Incorporated made materially false and/or misleading statements and/or failed to disclose that: On November 19, 2025, Gotham City Research published a report alleging that the company understates its leverage, inflates adjusted EBITDA through recurring add-backs, and masks declining core volumes with aggressive price increases. Gotham City Research also cites customer lawsuits accusing IRM of imposing sharply higher fees and “ransom-like” practices tied to record retrieval and destruction. Following this news, shares of Iron Mountain fell over 5% on the same day.
In order to be eligible to join the IRM class action lawsuit, you must have incurred a loss on shares of Iron Mountain Incorporated purchased during the class period listed above.
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