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ROSEN, LEADING INVESTOR COUNSEL, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTO, CTO-PA
GlobeNewswire News Room· 2025-08-14 18:26
Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for misleading statements regarding the sustainability of dividends and the true profitability of its operations 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 and recognition in the field [4]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements in previous years [4].
Shareholders that lost money on CTO Realty Growth, Inc.(CTO) should contact The Gross Law Firm about pending Class Action - CTO
Prnewswire· 2025-08-14 12:45
NEW YORK, Aug. 14, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of CTO Realty Growth, Inc. (NYSE: CTO). https://securitiesclasslaw.com/securities/cto-realty-growth-inc-loss-submission-form/?id=161246&from=4 CONTACT: CLASS PERIOD: February 18, 2021 to June 24, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) CTO's dividends were less sustainable than ...
CTO Investors Have Opportunity to Lead CTO Realty Growth, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-08-13 21:54
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of CTO Realty Growth, Inc. securities during the specified Class Period, indicating potential legal issues surrounding the company's financial disclosures and practices [1][5]. Group 1: Lawsuit Details - The class action lawsuit pertains to CTO Realty Growth, Inc. securities purchased between February 18, 2021, and June 24, 2025 [1]. - Allegations include that CTO Realty Growth made false and misleading statements regarding the sustainability of its dividends and the profitability of its Ashford Lane property, leading to an overstatement of its business and financial prospects [5]. Group 2: Investor Participation - 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 submit a form or contact the law firm directly for more information [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement 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].
Shareholders who lost money in shares of CTO Realty Growth, Inc. (NYSE: CTO) Should Contact Wolf Haldenstein Immediately
GlobeNewswire News Room· 2025-08-13 19:15
Core Viewpoint - A securities class action lawsuit has been filed against CTO Realty Growth, Inc. for allegedly making false and misleading statements regarding its financial health and sustainability of dividends during the class period from February 18, 2021, to June 24, 2025 [1][2]. Group 1: Allegations Against CTO - CTO's dividends were less sustainable than represented, indicating potential misrepresentation of financial stability [6]. - The company allegedly used deceptive practices to inflate Adjusted Funds From Operations (AFFO) and overstated the profitability of its Ashford Lane property [6]. - Public statements made by CTO and its executives were materially false and misleading, leading to investor losses [6]. Group 2: Financial Mismanagement - CTO had not generated sufficient cash to cover recurring capital expenditures and dividends since its 2021 REIT conversion, relying on a 70% increase in shares since December 2022 to offset a $38 million dividend shortfall from 2021 to 2024 [6]. - The company employed a manipulative definition of AFFO by excluding recurring capital expenditures, unlike its peers [6]. - CTO faced an imminent need for further dilution, with only $8.4 million in cash available against $14 million in quarterly dividends and $5.7 million in quarterly recurring capital expenditures [6].
CTO Realty Growth: Covered 9.3% Dividend Yield And Short-Term Price Dislocation Make This A Buy
Seeking Alpha· 2025-08-13 17:31
The equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any ...
CTO Shareholder Notice: Robbins LLP Reminds Stockholders of the Class Action Lawsuit Against CTO Realty Growth, Inc.
GlobeNewswire News Room· 2025-08-12 21:19
Core Viewpoint - A class action has been filed against CTO Realty Growth, Inc. for allegedly misleading investors about its financial health and sustainability of dividends during the specified period [1][2]. Allegations - The complaint states that CTO Realty Growth, Inc. did not disclose that its dividends were less sustainable than claimed, used deceptive practices to inflate its Adjusted Funds from Operations (AFFO), and overstated its business and financial prospects [2]. - Wolfpack Research's report accused CTO of not generating sufficient cash to cover its recurring capital expenditures and dividends since its conversion to a REIT in 2021, relying on a 70% increase in shares outstanding to cover a $38 million dividend shortfall from 2021 to 2024, and employing a manipulative definition of AFFO [3]. Financial Condition - 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 an additional $12 million in planned capital expenditures [3].
Berger Montague PC Investigates Securities Claims Against CTO Realty Growth, Inc. (NYSE: CTO) Following Class Action Filing
Prnewswire· 2025-08-12 18:21
Core Viewpoint - Berger Montague PC is investigating potential securities fraud claims against CTO Realty Growth, Inc. following a class action lawsuit related to securities purchased between February 18, 2021, and June 24, 2025 [1][2] Company Overview - CTO Realty Growth, Inc. is a real estate investment trust (REIT) headquartered in Winter Park, Florida [2] Legal Allegations - The lawsuit alleges that on June 25, 2025, Wolfpack Research published a report accusing CTO of financial manipulation, claiming the company covered a $38 million dividend gap by significantly diluting its shares and excluding necessary recurring capital expenditures from its Adjusted Funds From Operations [3] - The report also alleged that CTO used a "sham loan" to conceal a major tenant failure at Ashford Lane, a key property [3] Market Reaction - Following the allegations, CTO's stock price fell nearly 6%, closing at $17.10 per share on June 25, 2025 [4]
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of CTO Realty Growth, Inc. (CTO) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
GlobeNewswire News Room· 2025-08-11 15:37
Core Points - A shareholder class action lawsuit has been filed against CTO Realty Growth, Inc. alleging that the company's dividends were less sustainable than previously communicated to investors [1] - The lawsuit claims that CTO Realty used deceptive practices to artificially inflate its Adjusted Funds from Operations and overstate the profitability of its Ashford Lane property [1] - The lawsuit suggests that CTO Realty's business and financial prospects were overstated as a result of these practices [1] Legal Information - Shareholders who purchased CTO Realty shares between February 18, 2021, and June 24, 2025, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed as lead plaintiff in the case is October 7, 2025 [3] - Holzer & Holzer, LLC is representing shareholders in this litigation and has a history of recovering significant amounts for investors affected by corporate misconduct [3]
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against CTO Realty Growth, Inc. (CTO)
GlobeNewswire News Room· 2025-08-11 15:32
Core Viewpoint - A securities class action lawsuit has been filed against CTO Realty Growth, Inc, alleging misleading statements regarding the sustainability of dividends and the true profitability of its properties, particularly Ashford Lane [1][2]. Group 1: Allegations and Financial Practices - The lawsuit claims that CTO's dividends were less sustainable than previously communicated to investors [2]. - It is alleged that the company used deceptive practices to inflate its Adjusted Funds from Operations (AFFO) and overstate profitability [2]. - The complaint highlights that CTO has relied on increasing shares outstanding by 70% since December 2022 to cover a $38 million dividend shortfall from 2021 to 2024 [3]. Group 2: Impact of Wolfpack Research Report - On June 25, 2025, Wolfpack Research published a report that compared CTO unfavorably to B. Riley, indicating serious financial issues [3]. - The report accused CTO of not generating enough cash to cover recurring capital expenditures and dividends since its conversion to a REIT in 2021 [3]. - Wolfpack predicted imminent further dilution for CTO, noting the company had only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million [3]. Group 3: Market Reaction - Following the publication 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].
Investor Alert: Robbins LLP Informs Investors of the CTO Realty Growth, Inc. Class Action Lawsuit
Prnewswire· 2025-08-11 05:58
Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for allegedly misleading investors about its financial health and sustainability of dividends during the specified period [1][2]. Allegations - The lawsuit claims that CTO Realty Growth misrepresented the sustainability of its dividends, which were less stable than communicated to investors [2]. - It is alleged that the company employed deceptive practices to inflate its Adjusted Funds from Operations (AFFO) and overstated the profitability of its Ashford Lane property [2]. - The complaint highlights that CTO's business and financial prospects were overstated, leading to investor misinformation [2]. Financial Concerns - A report by Wolfpack Research accused CTO of failing to generate sufficient cash to cover its recurring capital expenditures and dividends since its conversion to a REIT in 2021 [3]. - The report noted that CTO increased its shares outstanding by 70% since December 2022 to cover a $38 million dividend shortfall from 2021 to 2024 [3]. - 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 per quarter, along with an additional $12 million in planned capital expenditures [3]. Stock Impact - Following the publication of the report, CTO's stock price fell by over 5% [3]. Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers by October 7, 2025 [4]. - Shareholders can remain absent class members if they choose not to participate in the case [4]. Company Background - Robbins LLP is noted as a leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance [5].