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Contact Levi & Korsinsky by October 7, 2025 Deadline to Join Class Action Against CTO Realty Growth, Inc.(CTO)
CTO Realty GrowthCTO Realty Growth(US: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].