#United States #Securities Fraud #Berger Montague #Winter Park #CTO Realty

Overview

Berger Montague PC has made an urgent appeal to investors of CTO Realty Growth, Inc. (NYSE: CTO) regarding an impending deadline for a class action lawsuit. Investors who purchased or otherwise acquired CTO securities between February 18, 2021, and June 24, 2025, are particularly affected by this notice and need to act swiftly to protect their interests.

The Lawsuit Claims

The class action centers around allegations of potential securities fraud involving CTO Realty Growth. A report released by Wolfpack Research on June 25, 2025, has brought to light serious allegations against CTO, claiming that the company manipulated financial records. According to the report, CTO reportedly filled a $38 million dividend gap through significant share dilution while excluding vital recurring capital expenditures from its Adjusted Funds From Operations, a crucial metric for measuring REIT profitability. Moreover, the report accused CTO of utilizing a "sham loan" to obscure a significant tenant default at one of its notable properties, Ashford Lane.

As a direct consequence of these revelations, CTO's stock price experienced a steep decline of nearly 6% on the day of the report's publication, closing at $17.10 per share. This dramatic fall serves as a sobering reminder of the potential risks involved in real estate securities and the importance of remaining vigilant as an investor.

Deadline for Investors

If you have invested in CTO securities during the specified class period, it is crucial to act before October 7, 2025. This date marks the deadline for investors to apply for the role of lead plaintiff representative in the class action lawsuit. Interested parties can find further information and submit their claims via Berger Montague's official correspondence channels.

About Berger Montague

Founded in 1970, Berger Montague has established itself as a leading figure in securities class-action litigation. With offices across major cities, including Philadelphia and San Francisco, the firm has represented a vast array of individual and institutional investors over the decades. Their commitment to justice and pursuit of compensation in cases of securities fraud has earned them a strong reputation in the legal community.

For additional information on your rights as an investor and to discuss potential claims, reach out to Andrew Abramowitz or Caitlin Adorni of Berger Montague’s team. Contact details are provided in the original announcement.

Conclusion

Navigating investments requires profound diligence, especially in the wake of allegations such as those facing CTO Realty Growth. For those impacted, there remains an opportunity to pursue legal recourse through this class action, ensuring their rights and interests are protected. Time is of the essence, so stakeholders should consider their options soon.