CTO Realty Growth(US:CTO) Prnewswireยท2025-08-28 12:16Core Viewpoint - Berger Montague PC is investigating potential securities fraud claims against CTO Realty Growth, Inc. following a class action lawsuit related to alleged financial manipulation during the Class Period from February 18, 2021, to June 24, 2025 [1][3]. Group 1: Company Overview - CTO Realty Growth, Inc. is a real estate investment trust (REIT) headquartered in Winter Park, Florida [2]. Group 2: Legal Allegations - The lawsuit alleges that on June 25, 2025, Wolfpack Research published a report accusing CTO of financial manipulation, claiming the company covered a $38 million dividend gap by significantly diluting its shares and excluding necessary recurring capital expenditures from its Adjusted Funds From Operations [3]. - The report also alleged that CTO used a "sham loan" to conceal a major tenant failure at Ashford Lane, a key property [3]. Group 3: Market Reaction - Following the allegations, CTO's stock price fell nearly 6%, closing at $17.10 per share on June 25, 2025 [4].