Upcoming Deadline for Class Action Against CTO Realty Growth: Investors Urged to Act Now
Upcoming Class Action Against CTO Realty Growth
In recent developments, Berger Montague PC has taken a significant step to address potential securities fraud allegations that may impact investors of CTO Realty Growth, Inc. (NYSE: CTO). This action comes as the company faces serious accusations regarding financial manipulation, raising concerns for those who have invested in its securities during the defined class period between February 18, 2021, and June 24, 2025.
Background of the Case
CTO Realty Growth, a Florida-based real estate investment trust, has found itself in the spotlight after a report released by Wolfpack Research on June 25, 2025, alleged that the company was engaged in dubious financial activities. The report claimed CTO strategically covered a $38 million dividend gap through extensive dilution of its shares while omitting essential capital expenditures from its Adjusted Funds From Operations—an important metric used to assess the profitability of REITs. Further accusations included the use of a dubious loan mechanism to obscure the failure of a major tenant at a property known as Ashford Lane.
Following these revelations, the stock of CTO experienced a notable decline, dropping nearly 6% and settling at approximately $17.10 per share. This fall highlighted the pressing nature of the allegations and the potential financial repercussions for investors involved.
Urgent Call to Action for Investors
Deadline Approaching: Investors who acquired CTO securities during the class period are being urged to act before the looming deadline of October 7, 2025. This date marks the final opportunity for investors to seek appointment as a lead plaintiff in what could be a crucial case aimed at holding CTO accountable for its alleged misdeeds. Berger Montague is advising affected investors to take necessary steps to understand their rights in this matter thoroughly.
Potential plaintiffs are encouraged to reach out through dedicated contacts at Berger Montague, specifically Andrew Abramowitz and Caitlin Adorni, who are prepared to provide guidance and information on how to proceed with claims. Interested individuals can learn more about their rights and the implications of these allegations directly from the law firm.
Conclusion
As this class action case unfolds, it serves as a critical reminder for investors to remain vigilant when it comes to understanding the financial health of the companies in which they invest. The investigation into CTO Realty Growth's alleged actions highlights the importance of transparency and accountability in the financial markets. As the deadline approaches, stakeholders are prompted to act swiftly to ensure their voices are heard and their rights are protected.
For further inquiries, investors can contact Berger Montague directly at provided emails or through phone numbers listed above. The forthcoming actions will set the tone for accountability in corporate governance, and affected investors are encouraged to remain informed and proactive about their participation in this class action lawsuit.