Alexandria Real Estate Investors Face Jan. 26 Deadline to Lead LIC-Related Securities Class Action
Law firms say the lawsuit challenges upbeat statements about the Long Island City property after third-quarter results showed weaker metrics and the stock sold off.
Overview
- Faruqi & Faruqi, The Rosen Law Firm, and the Law Offices of Howard G. Smith are inviting investors to seek lead-plaintiff status by January 26, 2026.
- The case covers purchases of Alexandria securities from January 27, 2025 through October 27, 2025, both dates inclusive.
- The complaint alleges executives touted leasing strength, occupancy stability, and tenant pipeline while concealing adverse facts about the Long Island City property’s leasing value as a life-science destination.
- Alexandria’s October 27, 2025 earnings release reported revenue down 5%, adjusted funds from operations down 7%, and average occupancy at 91.4%, and shares fell more than 19% the next day.
- No class has been certified yet, and firms say investors may pursue claims on a contingency basis and can move to be lead plaintiff without affecting potential recovery.