Law Firms Urge Investors to Seek Lead Role in Alexandria Real Estate Securities Suit

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 under Sections 10(b) and 20(a) of the Exchange Act.
• The alleged class period spans January 27 to October 27, 2025, covering investors who bought Alexandria Real Estate securities during that timeframe.
• On October 27, 2025, the company reported weaker-than-expected Q3 results, cut full-year FFO guidance, and disclosed a $323.9 million impairment, including $206 million tied to its Long Island City asset, after which shares fell about 19% the next day.
• The complaint cites company statements that the Long Island City site was not a life science destination that could scale and notes potential additional fourth-quarter impairments ranging from $0 to $685 million.
• Recent notices from Kahn Swick & Foti, Bernstein Liebhard, Bleichmar Fonti & Auld, and others solicit investors for lead-plaintiff consideration, while Kuehn Law also publicized a fiduciary-duty investigation.