Thieler Law Corp advises investors with losses exceeding $100,000 of the September 10, 2018 lead plaintiff deadline in a class action lawsuit filed against Farmland Partners Inc (NYSE: FPI) (“Farmland Partners” or “the Company”). The suit is pending in the U.S. District Court for the District of Colorado and investors, who purchased Farmland Partners Inc securities between May 9, 2017 and July 10, 2018, have until September 10, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Farmland Partners Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Farmland artificially increased its revenues by marking loans to related party tenants and Farmland’s Class Period revenues were overstated. The complaint further alleges that, as a result of the foregoing, investors purchased Farmland’s securities at artificially inflated prices during the Class Period and sustained significant investment losses.

On July 11, 2018, an online report published by Rota Fortunae revealed that Farmland artificially increased revenues “by making loans to related-party tenants who round-trip the cash back to FPI as rent.” In addition, “we found evidence that strongly supports Farmland has significantly overpaid for properties; under normal circumstances, we estimate [Farmland] is worth $4.85/share, but we think the shares are un-investible.” Furthermore, the report stated that Farmland has “neglected to disclose that the majority of its loans have been made to two members of the management team.”

On this news, NYSE: FPI fell $3.37 per share and its preferred shares fell $6.08 per share.

If you were negatively impacted by your investment in Farmland Partners Inc securities between May 9, 2017 and July 10, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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