FARMLAND PARTNERS 24 HOUR DEADLINE ALERT: Approximately 24 Hours Remain; ClaimsFiler Reminds Investors with Losses in Excess Of $100,000 of Deadline in Class Action Lawsuit Against Farmland Partners Inc. – FPI, FPI-PB

ClaimsFiler, a FREE shareholder information service, reminds investors that they have only until September 10, 2018 to file lead plaintiff applications in a securities class action lawsuit against Farmland Partners Inc. FPI FPI-PB))). Investor losses must relate to purchases of the Company's securities or preferred securities between the expanded period of March 16, 2016 and July 10, 2018. This action is pending in the United States District Court for the District of Colorado.

Get Help

Farmland investors should visit us at https://www.claimsfiler.com/cases/view-farmland-partners-inc-securities-litigation or call to speak to our claim center toll-free at (844) 367-9658.

About the Lawsuit

On July 11, 2018, Seeking Alpha reported that Farmland increased its revenues artificially "by making loans to related-party tenants who round-trip the cash back to [Farmland] as rent" and "310% of 2017 earnings could be made-up." Further, it had "neglected to disclose that the majority of its loans have been made to two members of the management team." On this news, the price of Farmland's shares plummeted.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial instruments.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!