Workflow
Berger Montague PC Announces Class Action Filed Against CTO Realty Growth, Inc. (NYSE: CTO) for Alleged Securities Violations

Core Viewpoint - Berger Montague PC is investigating claims against CTO Realty Growth, Inc. for allegedly misleading investors regarding its financial condition and manipulating key metrics [1][2] Group 1: Legal Investigation - The investigation pertains to claims under federal securities laws against CTO Realty Growth, a real estate investment trust based in Winter Park, Florida [1] - Investors who acquired CTO securities between February 18, 2021, and June 24, 2025, have until October 7, 2025, to seek appointment as lead plaintiff [2] Group 2: Allegations and Financial Misconduct - The lawsuit alleges that CTO misled investors by overstating the profitability of properties, including Ashford Lane in Atlanta [2] - A report by Wolfpack Research accused CTO of covering a $38 million dividend shortfall by diluting shareholders, increasing the outstanding share count by 70% [3] - The report also claimed CTO used a "sham loan" to conceal issues with a collapsed tenant at Ashford Lane [3] Group 3: Market Reaction - Following the allegations, CTO's stock experienced a 5.42% decline, closing at $17.10 per share on June 25, 2025 [3]