Alexandria Real Estate Faces Lawsuit Over Alleged Misleading LIC Property Claims
A securities class action lawsuit has been filed against Alexandria Real Estate Equities, Inc. by Gainey McKenna & Egleston. The case represents investors who bought or acquired the company's securities between January 27, 2025, and October 27, 2025. The firm alleges that Alexandria made misleading statements about its real estate operations, particularly its Long Island City (LIC) property.
The lawsuit centers on claims that Alexandria misrepresented the success of its LIC real estate. The company had described it as a key part of its MegacampusTM strategy and a thriving life-science hub. Investors argue these statements were false.
The legal action follows a sharp decline in Alexandria's share value after its financial update. Investors now have a deadline of January 26, 2026, to participate in the claim. The lawsuit focuses on whether the company's statements about its LIC real estate were accurate.
