Cannabis REIT Reckless To Claim Due Diligence, 3rd Circ. Told

By George Woolston · June 17, 2025, 7:16 PM EDT

Investors in a cannabis-focused real estate investment trust urged the Third Circuit on Tuesday to revive their proposed class action alleging it violated securities laws by ignoring information about a tenant,...

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Case Information

Case Title

MALLOZZI v. INNOVATIVE INDUSTRIAL PROPERTIES, INC. et al

Case Number

2:22-cv-02359

Court

New Jersey

Nature of Suit

Securities/Commodities

Date Filed

April 25, 2022


Case Title

Alejandro Handal, et al v. Innovative Industrial Properties Inc, et al

Case Number

24-2829

Court

Appellate - 3rd Circuit

Nature of Suit

3850 Securities, Commodities, Exchange

Date Filed

October 01, 2024