#USA #Los Angeles #Schall Law Firm #Securities Fraud #CTO Realty

CTO Realty Growth Investors Encouraged to Join Class Action Lawsuit

The Schall Law Firm, known for its focus on safeguarding investor rights, recently issued a reminder to CTO Realty Growth, Inc. shareholders about an ongoing class action lawsuit. This legal action arises from allegations of securities fraud linked to the company, which operates under the NYSE symbol CTO.

Background of the Case

The lawsuit is built around accusations that CTO Realty Growth, Inc. violated key sections of the Securities Exchange Act of 1934. The specific allegations include violations of §§10(b) and 20(a) and Rule 10b-5 as established by the U.S. Securities and Exchange Commission (SEC). During the class period from February 18, 2021, to June 24, 2025, investors are encouraged to reach out to the Schall Law Firm before the upcoming deadline on October 7, 2025.

Given the allegations, shareholders who believe they might be affected and suffered financial losses during this timeframe should consider participating in this legal action. The firm offers a free consultation to discuss potential claims without obligation, providing an opportunity for investors to understand their rights better.

Key Allegations Against CTO Realty

According to the complaint, CTO Realty Growth has reportedly made several false and misleading statements regarding its business operations and financial health. Notably, the company allegedly failed to maintain its dividend at the levels it had led shareholders to expect. Additionally, there are claims that it utilized deceptive tactics to exaggerate the actual profitability of its Ashford Lane property and its Adjusted Funds From Operations (AFFO).

These misleading claims have supposedly overstated the company's business prospects, casting a pall on the transparency of its operations. As a result, the public statements made by CTO throughout the class period are viewed as both false and materially misleading. Investors who acted on this information faced significant losses once the truth surrounding these practices came to light.

Investor Actions and Next Steps

The Schall Law Firm is actively encouraging affected shareholders to join the lawsuit to recover their potential losses. As the class in this case has not yet been certified, shareholders are not yet represented by an attorney, and taking no action means they could remain an absent class member without recourse. Investors are thus urged to act promptly to secure representation.

Brian Schall, the firm's lead attorney, has established channels for communication, allowing potential plaintiffs to discuss their situation at no charge. Interested parties can contact him at the Schall Law Firm's Los Angeles office or reach out through their official website for more information.

The case's implications extend beyond just individual investors; they also imply broader accountability standards within the financial and securities sectors, underscoring the importance of transparency in public declarations by publicly traded companies.

In conclusion, if you are a shareholder of CTO Realty Growth, Inc. during the stated time, reaching out to the Schall Law Firm could provide essential guidance in this legal matter. Don’t miss the opportunity to potentially recover losses and ensure your rights as an investor are advocated for.