Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against Farmland Partners Inc. and Certain Officers

The law firm of Kirby McInerney LLP announced today that a class action
lawsuit has been filed against Farmland Partners Inc. (“Farmland” or
“Company”) (NYSE:FPI) (NYSE:FPI.B) on behalf of investors that acquired
Farmland securities between May 9, 2017 and July 10, 2018, inclusive
(the “Class Period”), seeking recovery of damages for alleged violations
of the federal securities laws. Investors have until September 10,
2018 to apply to the Court to be appointed as lead plaintiff in the

The lawsuit alleges that throughout the Class Period, Defendants made
materially false and misleading statements regarding the Company’s
business, operational and compliance policies. Specifically, Defendants
made false and/or misleading statements and/or failed to disclose that:
(i) Farmland Partners artificially increased its revenues by making
loans to related party tenants; and (ii) as a result of the foregoing,
Farmland Partners’ Class Period revenues were overstated.

On July 11, 2018, Rota Fortunae published an online report alleging that
Farmland artificially increased revenues “by making loans to
related-party tenants who round-trip the cash back to FPI as rent” and
that “30% of [Farmland’s] 2017 earnings could be made-up.” The report
further stated that Farmland “neglected to disclose that the majority of
its loans have been made to two members of the management team.” On this
news, shares of Farmland fell from $8.65 on July 10, 2018 to $5.28 on
July 11, 2018 (a decline of $3.37, or approximately 39%).

If you acquired shares of Farmland during the Class Period and would
like more information about the lawsuit or about claims that you may
have, you may contact Thomas W. Elrod, Esq. of Kirby McInerney LLP at
(212) 371-6600, or by email at,
or by filling out the form at the link below to discuss your rights and
options without any cost to you.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, and whistleblower litigation.
The firm’s efforts on behalf of shareholders in securities litigation
have resulted in recoveries totaling billions of dollars. Additional
information about the firm can be found at Kirby McInerney LLP’s

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

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