CTO ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against CTO Realty Growth, Inc. and Encourages Investors to Contact the Firm

Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for allegedly misleading investors regarding the sustainability of its dividends and financial practices during the class period from February 18, 2021, to June 24, 2025 [1][2]. Group 1: Legal Action and Investor Rights - Investors who acquired CTO securities during the specified class period are encouraged to contact Bragar Eagel & Squire for legal options [1][4]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is October 7, 2025 [1]. Group 2: Allegations Against CTO - The complaint alleges that CTO's dividends were less sustainable than previously communicated to investors [2]. - CTO is accused of using deceptive practices to inflate its Adjusted Funds from Operations (AFFO) and misrepresent the profitability of its Ashford Lane property [2]. - A report by Wolfpack Research claims CTO has not generated sufficient cash to cover its recurring capital expenditures and dividends since becoming a REIT in 2021, leading to a reliance on share dilution [3]. Group 3: Financial Condition of CTO - CTO reportedly has only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million [3]. - The company has increased its shares outstanding by 70% since December 2022 to cover a $38 million dividend shortfall from 2021 to 2024 [3].