Investor Presentaiton slide image

Investor Presentaiton

FARMLAND Litigation Overview PARTNERS All class action and derivative suits have been dismissed or withdrawn. FPI pursuing hedge fund that perpetrated the short & distort attack. July 11, 2018: Quinton Mathews (a.k.a. "Rota Fortunae") publishes the "RF Post" on Seeking Alpha, targeting FPI, management and its stockholders. Quinton Mathews and his advisory clients profit from a decline in the price of FPI stock. June 20, 2021: Quinton Mathews settles with FPI and issues press release (link) admitting the falsity of key allegations in the RF Post, the scheme to short FPI stock and his profits from the stock's decline. Rota Fortunae Short & Distort Attack Class Action July 2018: FPI files federal lawsuit against Rota Fortunae and co- conspirators, later amended to include Sabrepoint. July and August 2018: Class action lawsuits are filed against FPI. The class action lawsuits assert claims based on allegations in the RF Post. Derivative Suits December 2018: 1st shareholder derivative suit filed. This suit has been stayed pending resolution of the class action lawsuit. February 2021: Federal case against Sabrepoint dismissed on procedural grounds. July 2021: FPI files Texas lawsuit against Sabrepoint. December 2021: Texas lawsuit is dismissed on procedural grounds; appeal is pending November 2019: 2nd shareholder derivative suit filed June 2021: 2nd shareholder derivative suit is dismissed (consolidated with a 3rd lawsuit). Dismissal now on appeal. 1234567890121234567890121234567890121 2018 2019 April 2022: Federal court dismisses class action lawsuit (link) May 2022: Derivative shareholder lawsuits dismissed 2 4 5 b 7 8 19 11 3 4 5 6 8 2020 2021 2022 24 FPI LISTED NYSE
View entire presentation