Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) Class Action Lawsuit (April 2022)

Closed

24-2829 • April 25, 2022

Class Period Start

May 7, 2020

Class Period End

August 4, 2022

PSLRA Deadline

June 24, 2022

Case Allegations

10b5

Statutes of Repose

May 7, 2023

Country

United States

Court

Federal Court

Docket History

Sep 30, 2024

On Appeal

Sep 25, 2024

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Dec 18, 2023

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Oct 19, 2023

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in INNOVATIVE INDUSTRIAL PROPERTIES INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Sep 19, 2023

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Dec 1, 2022

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Sep 29, 2022

First Amended Complaint

A new complaint has been filed on behalf of certain investors in INNOVATIVE INDUSTRIAL PROPERTIES INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Sep 9, 2022

Scheduling Order

Jul 20, 2022

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Apr 25, 2022

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in INNOVATIVE INDUSTRIAL PROPERTIES INC.

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