Alexandria Real Estate Securities Suit Intensifies as Firms Rally Investors Before Jan. 26 Deadline

Overview

• The putative class action, Hern v. Alexandria Real Estate Equities, Inc., No. 2:25-cv-11319, is pending in the U.S. District Court for the Central District of California with no class yet certified.
• Investor-rights firms are urging shareholders to seek lead-plaintiff status by January 26, 2026 for trades made between January 27, 2025 and October 27, 2025.
• The complaint alleges false or misleading statements about the Long Island City asset, leasing pipeline, occupancy stability, and financial prospects in violation of Sections 10(b) and 20(a) and Rule 10b-5.
• On October 27, 2025 the company reported a miss on Q3 results, cut full-year FFO guidance, and recorded a $323.9 million impairment, including $206 million tied to the Long Island City property.
• Alexandria also flagged the possibility of up to $685 million in additional fourth-quarter impairments as shares fell roughly 19% to close at $62.94 on October 28, 2025.