CTO Realty Growth(CTO)

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The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 7, 2025 in CTO Realty Growth, Inc. Lawsuit - CTO
Prnewswire· 2025-08-18 12:45
Core Points - The Gross Law Firm has issued a notice to shareholders of CTO Realty Growth, Inc. regarding a class action lawsuit for shareholders who purchased shares during the class period from February 18, 2021, to June 24, 2025 [1] - Allegations include that CTO's dividends were less sustainable than represented, deceptive practices were used to inflate adjusted funds from operations, and the true profitability of the Ashford Lane property was overstated [1] - The deadline for shareholders to register for the class action is October 7, 2025, and there is no cost or obligation to participate [2] Company and Industry Summary - CTO Realty Growth, Inc. is facing allegations of issuing materially false and misleading statements regarding its financial health and business prospects [1] - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements that led to artificial inflation of stock prices [3] - Shareholders who register will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTO, CTO-PA
GlobeNewswire News Room· 2025-08-17 17:15
Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for misleading statements regarding the sustainability of its dividends and financial practices during the Class Period from February 18, 2021, to June 24, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that CTO Realty Growth made false and misleading statements about the sustainability of its dividends and used deceptive practices to inflate its Adjusted Funds from Operations (AFFO) [5]. - It is alleged that the company's financial prospects were overstated, leading to investor damages when the true information was revealed [5]. Group 2: Participation Information - Investors who purchased CTO Realty securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm for more information [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
CTO ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against CTO Realty Growth, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-16 16:09
Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for allegedly misleading investors regarding the sustainability of its dividends and financial practices during the class period from February 18, 2021, to June 24, 2025 [1][2]. Group 1: Legal Action and Investor Rights - Investors who acquired CTO securities during the specified class period are encouraged to contact Bragar Eagel & Squire for legal options [1][4]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is October 7, 2025 [1]. Group 2: Allegations Against CTO - The complaint alleges that CTO's dividends were less sustainable than previously communicated to investors [2]. - CTO is accused of using deceptive practices to inflate its Adjusted Funds from Operations (AFFO) and misrepresent the profitability of its Ashford Lane property [2]. - A report by Wolfpack Research claims CTO has not generated sufficient cash to cover its recurring capital expenditures and dividends since becoming a REIT in 2021, leading to a reliance on share dilution [3]. Group 3: Financial Condition of CTO - CTO reportedly has only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million [3]. - The company has increased its shares outstanding by 70% since December 2022 to cover a $38 million dividend shortfall from 2021 to 2024 [3].
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTO, CTO-PA
GlobeNewswire News Room· 2025-08-16 15:00
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of CTO Realty Growth, Inc. securities, alleging misleading statements and unsustainable dividend practices during the Class Period from February 18, 2021, to June 24, 2025 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that CTO Realty Growth made false and misleading statements regarding the sustainability of its dividends and the profitability of its Ashford Lane property [5]. - The lawsuit alleges that CTO Realty Growth used deceptive practices to artificially inflate its Adjusted Funds from Operations (AFFO), leading to overstated business and financial prospects [5]. - Investors are encouraged to join the class action without incurring out-of-pocket fees through a contingency fee arrangement [2][3]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by October 7, 2025, to represent other class members in the litigation [1][3]. - No class has been certified yet, meaning investors are not represented unless they retain counsel [7]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its leadership in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4].
Pomerantz Law Firm Announces the Filing of a Class Action Against CTO Realty Growth, Inc. and Certain Officers - CTO
Prnewswire· 2025-08-16 14:00
Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. and certain officers for alleged violations of federal securities laws during the Class Period from February 18, 2021, to June 24, 2025, seeking damages for misleading statements regarding the company's business and financial health [1][5]. Company Overview - CTO Realty Growth, Inc. is a publicly traded real estate investment trust (REIT) that owns and operates a portfolio of retail-based properties primarily in higher growth markets in the U.S. The company converted to a REIT in February 2021 and owned 23 income properties across seven states as of December 31, 2024 [3]. Financial Performance Metrics - CTO uses Adjusted Funds from Operations (AFFO) as a key performance metric, which is generally calculated as funds from operations adjusted for recurring capital expenditures. Analysts prefer AFFO as it provides a more accurate measure of a REIT's ability to pay dividends [4]. Allegations in the Lawsuit - The lawsuit alleges that CTO's dividends were less sustainable than represented, that deceptive practices were used to inflate AFFO, and that the company's financial prospects were overstated. It claims that public statements made by the defendants were materially false and misleading [5]. Recent Developments - A report by Wolfpack Research criticized CTO, claiming it has not generated enough cash to cover dividends and capital expenditures since becoming a REIT. The report highlighted a significant increase in shares outstanding and predicted further dilution due to cash shortfalls [6]. Following the report, CTO's stock price fell by 5.42% to close at $17.10 per share on June 25, 2025 [7].
Berger Montague PC Announces Class Action Filed Against CTO Realty Growth, Inc. (NYSE: CTO) for Alleged Securities Violations
Prnewswire· 2025-08-15 16:16
Core Viewpoint - Berger Montague PC is investigating claims against CTO Realty Growth, Inc. for allegedly misleading investors regarding its financial condition and manipulating key metrics [1][2] Group 1: Legal Investigation - The investigation pertains to claims under federal securities laws against CTO Realty Growth, a real estate investment trust based in Winter Park, Florida [1] - Investors who acquired CTO securities between February 18, 2021, and June 24, 2025, have until October 7, 2025, to seek appointment as lead plaintiff [2] Group 2: Allegations and Financial Misconduct - The lawsuit alleges that CTO misled investors by overstating the profitability of properties, including Ashford Lane in Atlanta [2] - A report by Wolfpack Research accused CTO of covering a $38 million dividend shortfall by diluting shareholders, increasing the outstanding share count by 70% [3] - The report also claimed CTO used a "sham loan" to conceal issues with a collapsed tenant at Ashford Lane [3] Group 3: Market Reaction - Following the allegations, CTO's stock experienced a 5.42% decline, closing at $17.10 per share on June 25, 2025 [3]
Levi & Korsinsky Reminds CTO Realty Growth, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 7, 2025 - CTO
Prnewswire· 2025-08-15 13:15
Core Viewpoint - A class action securities lawsuit has been filed against CTO Realty Growth, Inc. alleging securities fraud that affected investors between February 18, 2021, and June 24, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that CTO Realty Growth, Inc. misled investors regarding the sustainability of its dividends and used deceptive practices to inflate its financial performance [2]. - Allegations include that the company overstated its business and financial prospects, leading to materially false and misleading public statements [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Faruqi & Faruqi Reminds CTO Realty Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 7, 2025 - CTO
Prnewswire· 2025-08-15 12:16
Core Viewpoint - The complaint against CTO Realty Growth alleges violations of federal securities laws, including misleading statements about the sustainability of dividends and the true profitability of its properties, leading to an overstatement of the company's financial prospects [2]. Group 1: Allegations and Financial Practices - The complaint claims that CTO's dividends were less sustainable than represented, and the company used deceptive practices to inflate its Adjusted Funds From Operations (AFFO) [2]. - Wolfpack Research's report criticized CTO for not generating sufficient cash to cover recurring capital expenditures and dividends since its conversion to a REIT in 2021, relying instead on share dilution [3]. - The report highlighted that CTO increased its shares outstanding by 70% since December 2022 to cover a $38 million dividend shortfall from 2021 to 2024 [3]. Group 2: Financial Position and Market Reaction - CTO reportedly has 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 [3]. - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98 per share, or 5.42%, closing at $17.10 per share on June 25, 2025 [4].
Contact Levi & Korsinsky by October 7, 2025 Deadline to Join Class Action Against CTO Realty Growth, Inc.(CTO)
GlobeNewswire News Room· 2025-08-14 20:34
Core Viewpoint - A class action securities lawsuit has been filed against CTO Realty Growth, Inc. alleging securities fraud that affected investors between February 18, 2021, and June 24, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that CTO Realty Growth, Inc. misled investors regarding the sustainability of its dividends [2]. - It is alleged that the company employed deceptive practices to inflate its adjusted funds from operations and misrepresent the profitability of its Ashford Lane property [2]. - Consequently, the business and financial prospects of CTO Realty Growth were overstated, leading to materially false and misleading public statements [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until October 7, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
CTO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that CTO Realty Growth, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-08-14 20:00
NEW YORK, Aug. 14, 2025 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against CTO Realty Growth, Inc. ("CTO" or "the Company") (NYSE: CTO) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired CTO securities ...