CTO Realty Growth Investors Face Oct. 7 Deadline to Seek Lead-Plaintiff Role in Securities Case
Allegations remain unproven with no class certified.
Overview
- A federal securities class action has been filed against CTO Realty Growth covering February 18, 2021 through June 24, 2025.
- Investors have until October 7, 2025 to seek lead-plaintiff status, with Faruqi & Faruqi, Berger Montague, and Rosen Law inviting contacts.
- The complaint alleges unsustainable dividends, artificially inflated AFFO, and overstated profitability at the Ashford Lane property.
- The case follows a June 25 Wolfpack Research report claiming a $38 million dividend shortfall, a roughly 70% rise in shares since December 2022, and a "sham loan" tied to a collapsed tenant.
- CTO shares fell 5.42% to $17.10 on June 25 following the report, and investors are not represented unless they retain counsel or a class is certified.