CTO Realty Growth(CTO)
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CTO CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of the October 7th Deadline in the CTO Class Action Lawsuit
Globenewswire· 2025-09-29 21:40
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In CTO To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in CTO between February 18, 2021 and June 24, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Eagel & ...
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important October 7 Deadline in Securities Class Action – CTO, CTO-PA
Globenewswire· 2025-09-29 03:03
Core Points - Rosen Law Firm is reminding purchasers of CTO Realty Growth, Inc. securities from February 18, 2021, to June 24, 2025, about the lead plaintiff deadline on October 7, 2025 [1] - Investors who purchased CTO Realty securities during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has been filed, and interested parties can join by contacting the firm or visiting their website [3] Case Details - The lawsuit alleges that throughout the class period, CTO Realty Growth made false and misleading statements, including claims about the sustainability of dividends and the true profitability of its Ashford Lane property [5] - It is claimed that CTO Realty Growth used deceptive practices to artificially inflate its Adjusted Funds from Operations (AFFO), leading to overstated business and financial prospects [5] - The lawsuit asserts that when the true details were revealed, investors suffered damages due to the misleading public statements made by the defendants [5] Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their own achievements in this area [4] - The firm has secured significant settlements for investors, including over $438 million in 2019 and has been ranked highly in securities class action settlements since 2013 [4]
ROSEN, A LONGSTANDING FIRM, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important October 7 Deadline in Securities Class Action – CTO, CTO-PA
Globenewswire· 2025-09-26 02:13
Core Viewpoint - Rosen Law Firm is reminding investors who purchased CTO Realty Growth, Inc. securities between February 18, 2021, and June 24, 2025, of the upcoming lead plaintiff deadline on October 7, 2025 [1]. Group 1: Class Action Details - Investors who purchased CTO Realty securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by October 7, 2025 [3]. - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that throughout the Class Period, CTO Realty Growth made false and misleading statements regarding the sustainability of its dividends and the profitability of its Ashford Lane property [5]. - It is claimed that CTO Realty Growth used deceptive practices to artificially inflate its Adjusted Funds from Operations (AFFO), leading to an overstatement of its business and financial prospects [5].
DEADLINE APPROACHING: Berger Montague Advises CTO Realty Growth, Inc. (NYSE: CTO) Investors to Inquire About a Securities Fraud Class Action by October 7, 2025
Prnewswire· 2025-09-25 21:35
Group 1 - The core issue involves Berger Montague PC investigating claims against CTO Realty Growth, Inc. for allegedly misleading investors regarding its financial condition and overstating property profitability [1][2]. - The lawsuit claims that CTO manipulated key financial metrics and misrepresented the performance of properties, particularly Ashford Lane in Atlanta [2]. - A report by Wolfpack Research accused CTO of covering a $38 million dividend shortfall by diluting shareholders through a 70% increase in outstanding shares and using a "sham loan" to conceal issues with a tenant [3]. Group 2 - Investors who acquired CTO securities between February 18, 2021, and June 24, 2025, have until October 7, 2025, to seek appointment as lead plaintiff in the class action [2]. - Following the allegations, CTO's stock experienced a decline of 5.42%, closing at $17.10 per share on June 25, 2025 [3].
CTO Realty Growth Strengthens Balance Sheet With $150 Million Term Loan Financing
Globenewswire· 2025-09-25 20:05
Core Viewpoint - CTO Realty Growth, Inc. successfully closed $150 million in term loan financing, enhancing liquidity and extending debt maturity profile [1][2] Financing Details - The financing includes a new $125 million term loan due September 2030 and a $25 million upsizing of the existing term loan due September 2029 [1] - Proceeds from the financing were used to retire a $65 million term loan due March 2026 and to reduce the balance on the revolving credit facility [1] Interest Rate Information - Both term loans bear interest at SOFR plus a spread based on the Company's leverage ratio, with an initial fixed interest rate of approximately 4.2% [3] - The interest rate for both loans is expected to adjust to approximately 4.7% in March 2026 when certain SOFR swap agreements mature [3] Lender Information - The 2030 Term Loan was provided by a syndicate of banks led by KeyBank National Association, with other participating banks including PNC Bank, Regions Bank, and Wells Fargo Bank [4]
CTO Realty Growth, Inc. (CTO) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-25 19:53
Accessibility StatementSkip Navigation BENSALEM, Pa., Sept. 25, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against CTO Realty Growth, Inc. ("CTO" or the "Company") (NYSE:Â CTO). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CTO REALTY GROWTH, INC. (CTO), CONTACT THE LAW OFFICES OF HOWARD G. SMITHÂ BEFORE OCTOBER 7, 2025(LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURI ...
Faruqi & Faruqi Reminds CTO Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 7, 2025 - CTO
Globenewswire· 2025-09-25 16:05
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CTO Realty Growth, Inc. due to allegations of misleading statements regarding the sustainability of dividends and financial practices [4][6]. Group 1: Allegations Against CTO - The complaint alleges that CTO and its executives violated federal securities laws by making false statements and failing to disclose that CTO's dividends were less sustainable than claimed [6]. - CTO is accused of using deceptive practices to inflate its Adjusted Funds From Operations (AFFO) and overstate the profitability of its Ashford Lane property [6]. - The Wolfpack Research report claims CTO has not generated enough cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021, relying instead on share dilution [7]. Group 2: Financial Impact - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98, or 5.42%, closing at $17.10 per share on June 25, 2025 [8]. - CTO faces a quarterly dividend obligation of $14 million while having only $8.4 million in cash, indicating potential financial distress [7]. Group 3: Legal Proceedings - Investors who suffered losses in CTO are encouraged to contact Faruqi & Faruqi to discuss their legal rights, with a deadline of October 7, 2025, to seek the role of lead plaintiff in the class action [4][9]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [5].
CTO DEADLINE ALERT: Bragar Eagel & Squire, P.C. Encourages Investors in CTO to Contact the Firm Before October 7th
Globenewswire· 2025-09-24 21:43
Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for alleged misrepresentation of its financial health and sustainability of dividends during the class period from February 18, 2021, to June 24, 2025 [2][8]. Allegation Details - The lawsuit claims that CTO failed to disclose that its dividends were less sustainable than represented, used deceptive practices to inflate Adjusted Funds from Operations (AFFO), and overstated the profitability of its Ashford Lane property [8]. - A report by Wolfpack Research accused CTO of not generating sufficient cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021, relying on share dilution to cover a $38 million dividend shortfall from 2021 to 2024, and employing a misleading definition of AFFO [8]. - The report highlighted that CTO had only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million, along with additional planned capital expenditures of approximately $12 million [8]. Next Steps - Investors who purchased CTO shares and suffered losses are encouraged to contact Bragar Eagel & Squire for more information regarding their rights and potential claims [4].
CTO Realty Growth Announces Third Quarter 2025 Earnings Release and Conference Call Information
Globenewswire· 2025-09-24 20:24
Core Viewpoint - CTO Realty Growth will report its financial and operating results for Q3 2025 on October 28, 2025, with a conference call scheduled for October 29, 2025, at 9:00 AM ET [1]. Group 1 - The company will provide a live webcast of the conference call on its Investor Relations page [2]. - Participants are encouraged to register and join the call at least fifteen minutes before the start time [2]. - A replay of the earnings call will be available online after the event [2]. Group 2 - CTO Realty Growth, Inc. specializes in owning and operating high-quality, open-air shopping centers in the Southeast and Southwest markets of the United States [3]. - The company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [3].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CTO Realty
Prnewswire· 2025-09-24 14:30
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against CTO Realty Growth, Inc. due to allegations of misleading statements regarding the sustainability of dividends and financial practices, with a deadline for investors to seek lead plaintiff status by October 7, 2025 [1][3]. Group 1: Allegations Against CTO Realty Growth - The complaint alleges that CTO and its executives violated federal securities laws by making false statements and failing to disclose that CTO's dividends were less sustainable than claimed [3]. - The company reportedly used deceptive practices to inflate its Adjusted Funds From Operations (AFFO) and overstate the profitability of its Ashford Lane property [3]. - The Wolfpack Research report criticized CTO for not generating enough cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021, indicating reliance on share dilution to cover a $38 million dividend shortfall [4]. Group 2: Financial Impact and Stock Performance - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98, or 5.42%, closing at $17.10 per share on June 25, 2025 [5]. - The report highlighted that CTO has only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million, suggesting imminent further dilution [4]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $75,000 in CTO between February 18, 2021, and June 24, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1]. - The firm is seeking to appoint a lead plaintiff who has the largest financial interest in the relief sought by the class, with any member able to move the court to serve as lead plaintiff [6].