LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Farmland Partners Inc. (“Farmland” or the “Company”) (NYSE: FPI) concerning whether the board breached its fiduciary duties to shareholders.
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On July 11, 2018, Rota Fortunae published a report alleging that Farmland artificially increased revenues by making loans to related-party tenants who round-tripped the cash back to Farmland as rent. The report also claimed that Farmland neglected to disclose that the majority of its loans were made to two members of its management team.
Our investigation concerns whether the Company’s board of directors breached its fiduciary duties to shareholders and/or grossly mismanaged the Company in connection with the foregoing issues.
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If you own Farmland shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regards to this matter, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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