NEW YORK, July 11, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Farmland Partners Inc. ("Farmland" or the "Company") (NYSE: FPI). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/fpi.
The investigation concerns whether Farmland and certain of its officers and/or directors have violated federal securities laws.
On July 11, 2018, Rota Fortunae published a report claiming that Farmland exaggerated revenues "by making loans to related-party tenants who round-trip the cash back to FPI as rent." The report continues to allege that 310% of Farmland's 2017 earnings could be artificially inflated and says that, "[w]e found evidence that strongly supports FPI has significantly overpaid for properties; under normal circumstances, we estimate FPI is worth $4.85/share, but we think the shares are un-investible." Following this news, Farmland securities dropped during intraday trading on July 11, 2018.
If you are aware of any facts relating to this investigation, or purchased Farmland shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/fpi. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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