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CTO Investors Have Opportunity to Lead CTO Realty Growth, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-09-04 13:04
Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for alleged violations of securities laws, specifically related to misleading statements and failure to maintain dividends as expected by investors [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to securities purchased between February 18, 2021, and June 24, 2025, during which the company allegedly made false and misleading statements [2][4]. - The Schall Law Firm is representing investors and encourages those who suffered losses to participate in the lawsuit before the deadline of October 7, 2025 [2][5]. Group 2: Allegations Against the Company - CTO Realty Growth is accused of overstating the profitability of its Ashford Lane property and its Adjusted Funds From Operations (AFFO) [4]. - The company allegedly misled investors regarding its business prospects and failed to maintain dividends at the levels it had previously indicated [4].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CTO Realty Growth
GlobeNewswire News Room· 2025-09-03 13:05
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 [3][5]. Group 1: Legal Investigation - The firm is reminding investors of the October 7, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against CTO [3]. - Investors who suffered losses in CTO between February 18, 2021, and June 24, 2025, are encouraged to contact the firm to discuss their legal rights [1][3]. Group 2: Allegations Against CTO - The complaint alleges that CTO and its executives violated federal securities laws by making false statements and failing to disclose critical financial information [5]. - Specific allegations include that CTO's dividends were less sustainable than claimed, and that deceptive practices were used to inflate its Adjusted Funds From Operations (AFFO) [5]. - The Wolfpack Research report criticized CTO for not generating enough cash to cover dividends and capital expenditures, leading to a reliance on share dilution [6]. Group 3: 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 [7]. - 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 [6].
Boot Barn and Barnes & Noble Open at Plaza at Rockwall, Boosting Occupancy at the Center to 99%
Globenewswire· 2025-09-03 10:55
Core Insights - CTO Realty Growth, Inc. announced the grand opening of two new tenants, Barnes & Noble and Boot Barn, at Plaza at Rockwall, enhancing the retail offerings in a high-growth suburban market [1][2][3] Group 1: New Tenants - Barnes & Noble opened a 20,388-square-foot store on August 27, 2025, in a repurposed Staples location, aligning with CTO's strategy to attract destination-driven retail [2] - Boot Barn launched its 15,000-square-foot store on September 2, 2025, in a space previously occupied by JoAnn's, enhancing the Center's merchandising mix [3] Group 2: Plaza at Rockwall Overview - Plaza at Rockwall spans 446,487 square feet on 42 acres and is located in a rapidly growing suburb of Dallas, anchored by major retailers like Dick's Sporting Goods and Ulta Beauty [4] - The occupancy rate at the Center has improved to 99.1% following the openings of Boot Barn and Barnes & Noble [4] Group 3: Company Strategy - The openings of these retailers reflect CTO's ongoing strategy to curate a vibrant tenant mix that meets evolving consumer demand and creates long-term value for stakeholders [5]
CTO Investors Have Opportunity to Join CTO Realty Growth, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-09-03 08:20
Core Viewpoint - The Schall Law Firm is investigating claims against CTO Realty Growth, Inc. for potential violations of securities laws, particularly regarding misleading statements about the sustainability of its dividend [1][2]. Group 1: Investigation Details - The investigation centers on whether CTO Realty Growth issued false or misleading statements and failed to disclose important information to investors [2]. - A report by Wolfpack Research, published on June 25, 2025, alleges that CTO misled investors about its dividend sustainability, leading to a share price decline of over 5.4% [2]. Group 2: Legal Representation - The Schall Law Firm offers free consultations for shareholders who believe they have suffered losses due to the alleged misleading information from CTO [3].
ROSEN, HIGHLY RANKED INVESTOR COUNSEL, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTO, CTO-PA
GlobeNewswire News Room· 2025-08-31 11:30
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, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought CTO Realty securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by October 7, 2025 [2]. - The lawsuit alleges that CTO Realty Growth made false and misleading statements regarding the sustainability of its dividends and the profitability of its operations, leading to investor damages when the truth was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements since 2013 [3].
SHAREHOLDER ALERT: Berger Montague Reminds CTO Realty Growth, Inc. (NYSE: CTO) Investors of Class Action Lawsuit Deadline
Prnewswire· 2025-08-28 12:16
Core Viewpoint - Berger Montague PC is investigating potential securities fraud claims against CTO Realty Growth, Inc. following a class action lawsuit related to alleged financial manipulation during the Class Period from February 18, 2021, to June 24, 2025 [1][3]. Group 1: Company Overview - CTO Realty Growth, Inc. is a real estate investment trust (REIT) headquartered in Winter Park, Florida [2]. Group 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]. Group 3: Market Reaction - Following the allegations, CTO's stock price fell nearly 6%, closing at $17.10 per share on June 25, 2025 [4].
CTO Realty Growth, Inc. (CTO) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-08-26 16:00
Core Viewpoint - Investors in CTO Realty Growth, Inc. have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements regarding the sustainability of dividends and the true profitability of the company's properties [1][2]. Summary by Sections Lawsuit Details - The lawsuit claims that from February 18, 2021, to June 24, 2025, CTO Realty Growth, Inc. failed to disclose that its dividends were less sustainable than represented [2]. - The company allegedly used deceptive practices to inflate its Adjusted Funds From Operations (AFFO) and overstate the profitability of its Ashford Lane property [2]. - As a result, the business and financial prospects of CTO were overstated, leading to materially misleading statements about the company's operations and future [2]. Participation Information - Investors who suffered losses in CTO Realty Growth, Inc. are encouraged to participate in the ongoing lawsuit before the lead plaintiff deadline of October 7, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to learn about their rights regarding the lawsuit [3][4].
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTO, CTO-PA
GlobeNewswire News Room· 2025-08-24 13:34
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, interested parties can visit the provided link or contact the law firm directly 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 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].
Deadline Alert: CTO Realty Growth, Inc. (CTO) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
GlobeNewswire News Room· 2025-08-22 16:00
LOS ANGELES, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming October 7, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired CTO Realty Growth, Inc. (“CTO” or the “Company”) (NYSE: CTO) securities between February 18, 2021 and June 24, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR CTO INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOV ...
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of CTO Realty Growth
Prnewswire· 2025-08-21 15:35
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][3]. 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, and employed a manipulative definition of AFFO that excluded recurring capital expenditures [3]. Group 2: Financial Position and Market Reaction - As of the report, 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 [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].