#USA #New York #Class Action #Levi & Korsinsky #CTO Realty Growth

Levi & Korsinsky Alerts CTO Realty Growth Investors

Levi & Korsinsky, LLP has issued a notification to investors of CTO Realty Growth, Inc. regarding a pending class action lawsuit. The suit, which seeks to address allegations of securities fraud, is particularly important for shareholders who may have experienced financial losses during a specific period. The deadline to participate as a lead plaintiff is set for October 7, 2025.

Class Definition and Background

The class action pertains to incidents occurring between February 18, 2021 and June 24, 2025. Investors who believe they were affected during this timeframe are encouraged to take action. The lawsuit aims to recover losses for those shareholders by contesting the misleading information that may have inflated the company’s success and profitability.

Allegations Against CTO Realty Growth

The complaint asserts that the defendants, which comprise the company's management and executives, engaged in tactics that led to the dissemination of false information regarding the sustainability of the company's dividends.

Key allegations include:

• - The assertion that CTO's dividends were more secure than they were, potentially misleading investors about the company’s financial health.
• - Claims that the company utilized deceptive practices to enhance its financial reports, particularly concerning its Ashford Lane property, leading to an inflated portrayal of profitability.
• - Consequently, public declarations made by defendants were deemed materially false and misleading at various times.

Importance of Legal Representation

Levi & Korsinky has a strong track record in representing investors for the past two decades, having secured significant settlements in past cases. Their expertise lies in tackling complex securities litigation, ensuring that shareholders have the support they need in challenging situations like this.

Potential class members can find more details by following the link provided by Levi & Korsinky, where they can also request to be informed about the proceedings. Furthermore, any individual affected can reach out directly to Joseph E. Levi, Esq., at the firm’s office for assistance.

No Cost to Participate

One reassuring aspect for potential plaintiffs is that there is no financial requirement to engage in the lawsuit. Individuals participating as class members are entitled to compensation for any losses incurred without having to cover legal fees upfront.

What’s Next for CTO Realty Investors?

Investors must be vigilant in adhering to the timeframe stipulated, as the window for requesting to be appointed as a lead plaintiff closes soon. It’s crucial for those impacted during the specified dates to act quickly in order to safeguard their potential rights and recover losses.

Conclusion

The class action lawsuit against CTO Realty Growth, Inc. highlights an ongoing struggle faced by investors in today's market, emphasizing the importance of staying informed and proactive. With a capable legal team backing them, affected shareholders have a chance to seek justice and recompense for their financial setbacks.