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CTO LAWSUIT ALERT: The Gross Law Firm Notifies CTO Realty Growth, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
CTO Realty GrowthCTO Realty Growth(US:CTO) GlobeNewswire News Roomยท2025-08-18 20:03

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of CTO Realty Growth, Inc. regarding a class action lawsuit due to allegations of misleading statements and unsustainable business practices [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from February 18, 2021, to June 24, 2025 [3]. - Allegations include that CTO's dividends were less sustainable than claimed, deceptive practices were used to inflate adjusted funds from operations, and the true profitability of the Ashford Lane property was overstated [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by the deadline of October 7, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies engage in responsible business practices [5]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to stock inflation [5].