Robbins LLP Urges FBRT Stockholders Who Lost Money Investing in Franklin BSP Realty Trust, Inc. to Contact the Firm for Information About Leading the Class Action

Core Viewpoint - A class action has been filed against Franklin BSP Realty Trust, Inc. (FBRT) for allegedly misleading investors about its ability to maintain its dividend during the class period from November 5, 2024, to February 11, 2026 [1][2]. Group 1: Class Action Details - The class period for the action is defined as November 5, 2024, to February 11, 2026 [2]. - Allegations include that FBRT management recklessly overstated the company's prospects and its ability to sustain a $0.355 dividend [2]. Group 2: Financial Performance - On February 11, 2026, FBRT announced disappointing fourth quarter and full year 2025 results, leading to a significant stock price drop [3]. - Following the earnings call on February 12, 2026, management announced a reduction of the quarterly dividend to $0.20 per common share, effective in the first quarter of 2026, resulting in a stock price decline of $1.44 per share, or 14.18%, closing at $8.71 [3]. Group 3: Shareholder Actions - Shareholders may participate in the class action and those wishing to serve as lead plaintiff must submit their papers by April 27, 2026 [4]. - Shareholders can choose to remain absent from the case while still being eligible for recovery [4].