Lead-Plaintiff Deadline Nears in Alexandria Real Estate Securities Suits Tied to LIC Write-Down
The cases focus on Alexandria’s October 2025 disclosure of a $323.9 million impairment linked to its Long Island City asset that preceded a roughly 19% one-day stock drop.
Overview
- Investors have until January 26, 2026 to seek appointment as lead plaintiff for claims covering purchases from January 27 to October 27, 2025.
- Complaints allege the company misled investors about leasing strength, occupancy stability, and the value of its Long Island City property.
- One action, Warren Hern v. Alexandria Real Estate Equities, Inc., No. 25-cv-11319, is pending in the U.S. District Court for the Central District of California.
- Law firms including Glancy Prongay & Murray, Pomerantz, Rosen Law Firm, and Kahn Swick & Foti are soliciting class members, while the Schall Law Firm announced an investigation.
- No class has been certified, and firms note investors are not represented unless they retain counsel and may pursue claims on a contingency-fee basis.