CTO DEADLINE ALERT: Bragar Eagel & Squire, P.C. Encourages Investors in CTO to Contact the Firm Before October 7th

Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for alleged misrepresentation of its financial health and sustainability of dividends during the class period from February 18, 2021, to June 24, 2025 [2][8]. Allegation Details - The lawsuit claims that CTO failed to disclose that its dividends were less sustainable than represented, used deceptive practices to inflate Adjusted Funds from Operations (AFFO), and overstated the profitability of its Ashford Lane property [8]. - A report by Wolfpack Research accused CTO of not generating sufficient cash to cover its recurring capital expenditures and dividends since converting to a REIT in 2021, relying on share dilution to cover a $38 million dividend shortfall from 2021 to 2024, and employing a misleading definition of AFFO [8]. - The report highlighted that CTO had only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million, along with additional planned capital expenditures of approximately $12 million [8]. Next Steps - Investors who purchased CTO shares and suffered losses are encouraged to contact Bragar Eagel & Squire for more information regarding their rights and potential claims [4].