We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Farmland Partners Inc | NYSE:FPI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.08 | 0.74% | 10.84 | 10.8899 | 10.7728 | 10.79 | 249,200 | 23:04:22 |
DENVER, July 11, 2018 /PRNewswire/ -- Farmland Partners Inc. (NYSE: FPI) (the "Company") is the subject of an article published anonymously on an unregulated website by the holder of a short position in the Company's stock, alleging that the Company failed to meet its responsibilities of fair and full disclosure and intentionally misled investors with its financial reporting. Those allegations are false.
The Company expects to issue a more detailed response in the coming days. In the meantime, the Company believes it is appropriate to draw attention to certain facts about the Company's loan program that the article omitted and/or misrepresented:
"It is horrifying the amount of damage that this self-interested, anonymous party's false allegations caused today to the Company's stockholders," said Paul A. Pittman, the Company's Chairman and CEO. "We are evaluating what avenues are available to the Company and its stockholders to remedy the damage inflicted."
About Farmland Partners Inc.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns or has under contract over 166,000 acres in 17 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota, Texas and Virginia. We have approximately 30 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.
View original content:http://www.prnewswire.com/news-releases/farmland-partners-inc-responds-to-unfounded-allegations-300679768.html
SOURCE Farmland Partners Inc.
Copyright 2018 PR Newswire
1 Year Farmland Partners Chart |
1 Month Farmland Partners Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions