Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. due to allegations of misleading statements and accounting irregularities that have negatively impacted investors during the specified class period [1][3]. Summary by Sections Allegations and Impact - Wolfpack Research published a report on June 25, 2025, claiming that CTO engaged in "accounting shenanigans," including using a sham loan to conceal a top tenant's failure, which led to a stock price drop of $0.98, or 5.4%, closing at $17.10 per share [2]. - The lawsuit alleges that CTO's management made materially false statements and failed to disclose adverse facts about the company's business and financial health, including the unsustainability of dividends and deceptive practices to inflate Adjusted Funds From Operation (AFFO) [3]. Class Action Details - Investors who purchased CTO securities between February 18, 2021, and June 24, 2025, are eligible to file a lead plaintiff motion by the deadline of October 7, 2025 [1][4]. - The complaint asserts that the defendants' positive statements regarding the company's operations were misleading and lacked a reasonable basis [3].

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].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of CTO Realty Growth, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its dividends and financial practices during the specified class period [1][2]. Summary by Relevant Sections Allegations - The complaint claims that CTO Realty Growth, Inc. misled investors by stating that its dividends were sustainable, while in reality, they were less sustainable than represented [1] - It is alleged that the company used deceptive practices to inflate its adjusted funds from operations and overstate the profitability of its Ashford Lane property [1] - Consequently, the business and financial prospects of CTO were overstated, leading to materially false and misleading public statements [1] Class Period and Registration - The class period for the allegations spans from February 18, 2021, to June 24, 2025 [1] - Shareholders who purchased shares during this period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for October 7, 2025 [2] Firm's Commitment - The Gross Law Firm is recognized for its commitment to protecting investors' rights against deceit and fraud, aiming to ensure companies adhere to responsible business practices [3]

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 Situation - 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]. - Following the publication of the report, CTO's stock price fell over 5% [3]. Class Action Participation - Shareholders interested in participating in the class action must submit their papers by October 7, 2025, to serve as lead plaintiff [4]. - Shareholders can remain absent class members if they choose not to participate [4]. Company Background - Robbins LLP is noted for its focus on shareholder rights litigation, helping shareholders recover losses and improve corporate governance since 2002 [5].

Core Insights - CTO Realty Growth, Inc. has sold its Main Street properties in Daytona Beach, Florida for $7.1 million, resulting in a gain of approximately $1.1 million from the sale [1] - The company provided seller financing of $5.0 million for 5 years at an annual interest rate of 6.50% as part of the transaction [1] - The company aims to simplify its portfolio and reinvest the proceeds from the sale into larger format shopping centers located in high growth target markets in the Southeast and Southwest [2] Company Overview - CTO Realty Growth, Inc. specializes in owning and operating high-quality, open-air shopping centers in the higher growth Southeast and Southwest markets of the United States [2] - The company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [2]

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) CTO's dividends were less sustainable than Defendants had led investors to believe; (ii) the Company used deceptive and unsustainable practices to artificially inflate its AFFO and overstate the true profitability of its Ashford Lane property; (iii) accordingly, CTO's business and/or financial prospects were overstated ...

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. made false statements regarding the sustainability of its dividends and used deceptive practices to inflate its adjusted funds from operations [2]. - It is alleged that the company overstated the true profitability of its Ashford Lane property, leading to an overall overstatement of its business and financial prospects [2]. - The defendants' public statements are claimed to have been materially false and misleading throughout the relevant time period [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 serving as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]. - The firm has extensive expertise in complex securities litigation and employs a team of over 70 professionals to assist clients [4].

Core Points - CTO Realty Growth, Inc. has declared a quarterly cash dividend of $0.38 per share for the third quarter of 2025, representing an annualized yield of approximately 9.3% based on the closing price on August 18, 2025 [1] - The cash dividend is payable on September 30, 2025, to stockholders of record as of September 11, 2025, with the ex-dividend date also on September 11, 2025 [2] - Additionally, a quarterly cash dividend of $0.39844 per share for the Company's 6.375% Series A Cumulative Redeemable Preferred Stock has been declared for the same quarter, also payable on September 30, 2025 [3] Company Overview - 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 [4] - The Company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [4]

Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for allegedly making false statements regarding its dividend sustainability and business condition during the specified class period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired CTO securities between February 18, 2021, and June 24, 2025 [1][2]. - Investors have until October 7, 2025, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations Against CTO - The complaint claims CTO misrepresented the sustainability of its dividend and the profitability of its Ashford Lane property [3]. - Wolfpack Research reported that CTO has not generated sufficient cash for capital expenditures and dividends since 2021, leading to a reliance on issuing more shares, which has diluted shareholders by 70% since December 2022 [3]. - CTO is accused of manipulating its Adjusted Funds From Operations metric [3]. Group 3: Market Reaction - Following the allegations, CTO's stock price dropped by 5.42%, closing at $17.10 per share on June 25, 2025 [4].

https://zlk.com/pslra-1/cto-realty-growth-inc-lawsuit-submission-form?prid=162050&wire=4 CONTACT: CTO investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 17th Floor New York, NY 10004 [email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) CTO's ...