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FARMLAND PARTNERS SHAREHOLDER ALERT: Securities Fraud Class Action Filed Against Farmland Partners (FPI); Block & Leviton Encourages Shareholders to Contact the Firm

BOSTON, MA / ACCESSWIRE / July 12, 2018 / Block & Leviton LLP (, a securities litigation firm representing investors nationwide, announces that a class action lawsuit has been filed against Farmland Partners, Inc. ("Farmland" or the "Company") (NYSE: FPI) and certain of its officers and directors alleging violations of the federal securities laws. Class members interested in serving as lead plaintiff are reminded of the September 10, 2018 lead plaintiff deadline.

Specifically, the complaint alleges that Farmland made false and/or misleading statements and/or failed to disclose that: (i) the Company artificially increased its revenues by making loans to related party tenants; (ii) as a result of the foregoing, revenues were overstated; and (iii) as a result, Farmland Partners' public statements were materially false and misleading.

On July 11, 2018, Rota Fortunae published an article alleging that Farmland artificially increased revenues "by making loans to related-party tenants who round-trip the cash back to FPI as rent." According to the report, 310% of the Company's 2017 earnings could be made-up.

"We found evidence that strongly supports FPI has significantly overpaid for properties," Rota Fortunae writes, adding that "under normal circumstances, we estimate FPI is worth $4.85/share, but we think the shares are un-investible."

On this news, FPI stock plunged over 35%.

If you purchased or otherwise acquired FPI securities and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact attorney John DeFelice at (888) 868-2385, by email at or by visiting

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nations' largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.


John DeFelice
(617) 398-5600 phone
155 Federal Street, Suite 400
Boston, MA 02110

SOURCE: Block & Leviton LLP

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