Introduction

In early may, farm land partners celebrated the end of an appeal period for a class action lawsuit from a group of its shareholders it had faced since two thousand 18. That year, an article was published on the seeking alpha blog by an author writing under the pseudonym rhoda fortune,. alleging improper lending and disclosures by f p i. The article led to a nearly forty % drop in farmland partners new york stock exchange traded stock. And subsequent litigation cost the firm significant resources, while diverting time and attention and sapping employe moralethe against farm land partners ultimately fell apart when the bloger admitted to profiting from false statements.