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Investor Class Action Filed Against Farmland Partners Inc. for Securities Fraud Violations
Company Name: Farmland Partners Inc.
Court: United States District Court for the District of Colorado
Case Number: 18-cv-02104
Judge: The Hon. David M. Ebel
Class period: Between November 12, 2015 and July 10, 2018
Security Type: Securities

Case Background:

On August 17, 2018, the initial complaint in this securities class action was filed against Farmland Partners Inc. (“Farmland Partners”) and certain of Farmland Partners’ directors and officers, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act.  

The complaint alleged that throughout the class period, the defendants made false and/or misleading statements and/or failed to disclose that: (i) Farmland Partners artificially increased its revenues by making loans to related party tenants; (ii) as a result of the foregoing, Farmland Partners' class period revenues were overstated; and (iii) as a result, Farmland Partners' public statements were materially false and misleading at all relevant times.

This securities class action lawsuit was brought on behalf of all persons and entities, other than defendants, who purchased or otherwise acquired Farmland Partners publicly traded securities between November 12, 2015 and July 10, 2018, inclusive.

Current Status of Case:

On April 15, 2019, the Court entered an order denying the defendants’ motion to dismiss, thereby allowing the action to proceed. On July 2, 2019, the defendants filed an answer to the amended complaint. However, on December 27, 2019, the lead plaintiffs filed a motion for leave to file a second amended complaint. The defendants opposed the lead plaintiffs’ motion. The motion for leave to file a second amended complaint has now been fully briefed before the Court pending its decision.  This action is still ongoing.

If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Esq. or Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087 1-844-887-9500 (toll free) or 1-610-667-7706
Or by e-mail at info@ktmc.com

Please complete this form relating to your transactions for Farmland Partners Inc. (NYSE: FPI)  securities between November 12, 2015 and July 10, 2018, both dates inclusive (the "Class Period").  

You may also contact James Maro, Jr., Esq. or Adrienne Bell, Esq. at 610.667.7706 or toll free at 844.887.9500, or you may submit your information via email at info@ktmc.com, or you may click here to print a PDF of this form.

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# of Shares
Price per Share
 
 
 
Principal Amount
Amount Paid
Series or CUSIP
 
 
 
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Farmland Partners Inc. (2018) prior to the Class Period?
Are you a current or former employee of Farmland Partners Inc. (2018)?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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