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ROSEN, TRUSTED INVESTOR COUNSEL, Encourages CTO Realty Growth, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTO, CTO-PA
CTO Realty GrowthCTO Realty Growth(US:CTO) GlobeNewswire News Room·2025-08-16 15:00

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of CTO Realty Growth, Inc. securities, alleging misleading statements and unsustainable dividend practices during the Class Period from February 18, 2021, to June 24, 2025 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that CTO Realty Growth made false and misleading statements regarding the sustainability of its dividends and the profitability of its Ashford Lane property [5]. - The lawsuit alleges that CTO Realty Growth used deceptive practices to artificially inflate its Adjusted Funds from Operations (AFFO), leading to overstated business and financial prospects [5]. - Investors are encouraged to join the class action without incurring out-of-pocket fees through a contingency fee arrangement [2][3]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by October 7, 2025, to represent other class members in the litigation [1][3]. - No class has been certified yet, meaning investors are not represented unless they retain counsel [7]. Group 3: Law Firm Credentials - 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].