Maryland circuit court dismisses derivative complaint against defendants farmland partners inc., its officers and directors

Denver, june 16, 2021 /prnewswire/ -- farmland partners inc. (nyse: fpi) (the "company" or "farmland") today announced that the maryland circuit court for baltimore city has dismissed pending shareholder derivative claims brought by two farmland shareholders against the company, its officers and board of directors.  derivative complaints based on solely on false and misleading statements in a "short and distort attack" plaintiffs' demands arose from a "short-and-distort" attack on farmland, in which an anonymous short-seller writing under the pseudonym "rota fortunae" later disclosed as quinton mathews, published an article on seeking alpha alleging fraud at the company, including allegations that the company had improperly failed to disclose certain loans that it had made to farmers as material related-party transactions.
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