CTO Realty Growth, Inc. Securities Lawsuit: Exploring Recovery Options for Affected Investors
Shareholders of CTO Realty Growth, Inc. (NYSE: CTO) who suffered losses due to alleged securities fraud between February 18, 2021, and June 24, 2025, may be entitled to recover their losses. A class action lawsuit was filed against the company, alleging that defendants made false statements and concealed the sustainability of dividends, the Company's business practices, and financial prospects. If you held shares in CTO Realty Growth, Inc. during the relevant time frame, you may be eligible to participate in the lawsuit and seek a recovery.
Key Takeaways:
- The class action lawsuit alleges that CTO Realty Growth, Inc. engaged in securities fraud from February 18, 2021, to June 24, 2025, resulting in losses for affected shareholders.
- The lawsuit claims that the company used deceptive and unsustainable practices to artificially inflate its adjusted funds from operations and overstate the true profitability of its Ashford Lane property.
- CTO's business and/or financial prospects were allegedly overstated, making defendants' public statements materially false and misleading at all relevant times.
- The lawsuit seeks to recover losses for shareholders who were adversely affected by these alleged actions.
- Levi & Korsinsky LLP is representing investors in this case and has a track record of securing hundreds of millions of dollars for aggrieved shareholders.
- The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve clients.
Statistics:
- The lawsuit alleges that CTO Realty Growth, Inc. engaged in securities fraud between February 18, 2021, and June 24, 2025.
- The company's adjusted funds from operations were allegedly artificially inflated to overstate the true profitability of its Ashford Lane property.
- CTO Realty Growth, Inc.'s valuation and business prospects were misrepresented to investors, resulting in losses for affected shareholders.
- Levi & Korsinsky LLP has secured hundreds of millions of dollars for aggrieved shareholders in similar cases.
Sources:
- "CTO Realty Growth, Inc. - Securities Fraud - Case No. [Unspecified]" - https://zlk.com/pslra-1/cto-realty-growth-inc-lawsuit-submission-form?prid=161330&wire=5&utm_campaign=3
- https://www.newsfilecorp.com/release/262421
- Levi & Korsinsky LLP - https://zlk.com/