Gross Law Firm Issues Reminder for CTO Realty Shareholders on Lead Plaintiff Deadline
Reminder to CTO Realty Growth, Inc. Shareholders
In recent announcements, the Gross Law Firm has issued an important reminder for shareholders of CTO Realty Growth, Inc. (NYSE: CTO) regarding a class action lawsuit that could have significant implications for investors. If you purchased shares between February 18, 2021, and June 24, 2025, you should be aware of the October 7, 2025 deadline to apply to be a lead plaintiff in this suit.
Understanding the Allegations
The lawsuit alleges that during the given class period, key stakeholders at CTO Realty made materially false and/or misleading statements. Investors were led to believe that the dividends provided by the company were sustainable, whereas the complaint contends that the practices employed to manage financial reports were deceptive. The claims include that the adjusted funds from operations were artificially inflated, raising concerns about the true profitability of the company’s Ashford Lane property.
This raises questions about the health of CTO's business model and its financial outlook during the specified timeline. Investors are urged to act promptly given the implications of the allegations. The legal notices encourage shareholders to register and become part of this collective action that seeks to hold the company accountable.
Next Steps for Shareholders
Shareholders who purchased CTO shares during the noted class period can register to join the lawsuit. Registering will provide you access to portfolio monitoring updates on the lawsuit’s progression. There’s no cost or obligation involved in the registration process. More details are available through the Gross Law Firm’s dedicated page for this class action.
It's important to note that while being appointed as a lead plaintiff is one avenue to pursue, it is not a requirement for investors to recover losses due to the alleged misconduct of the company's management.
Why Choose Gross Law Firm?
The Gross Law Firm has established itself as a recognized national entity focused on protecting investors' rights. Their mission incorporates accountability, ensuring companies adhere to ethical business practices that protect the interests of their shareholders. They are committed to pursuing recoveries for investors impacted by misleading representations.
If you are a shareholder concerned about your investments in CTO Realty Growth, it would be wise to take action before the impending deadline. Engaging with a firm like Gross Law, known for its dedication to securities law, may enhance your understanding and strategy against potential financial losses due to corporate malpractice.
For further inquiries, you can contact the Gross Law Firm directly:
Phone: (646) 453-8903
Address: 15 West 38th Street, 12th floor, New York, NY, 10018
Visit their website to ensure your participation and stay informed as the case develops. Remember, timely action could lead to potential recourse for your investment losses.