
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of CTO Realty Growth, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its dividends and financial practices during the specified class period [1][2]. Summary by Relevant Sections Allegations - The complaint claims that CTO Realty Growth, Inc. misled investors by stating that its dividends were sustainable, while in reality, they were less sustainable than represented [1] - It is alleged that the company used deceptive practices to inflate its adjusted funds from operations and overstate the profitability of its Ashford Lane property [1] - Consequently, the business and financial prospects of CTO were overstated, leading to materially false and misleading public statements [1] Class Period and Registration - The class period for the allegations spans from February 18, 2021, to June 24, 2025 [1] - Shareholders who purchased shares during this period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for October 7, 2025 [2] Firm's Commitment - The Gross Law Firm is recognized for its commitment to protecting investors' rights against deceit and fraud, aiming to ensure companies adhere to responsible business practices [3]