Shareholders who lost money in shares of CTO Realty Growth, Inc. (NYSE: CTO) Should Contact Wolf Haldenstein Immediately

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].