New Legal Opportunity for CTO Investors
Investors who suffered financial losses from CTO Realty Growth, Inc. (CTO) are now presented with a significant opportunity to take action. Recently, the Law Offices of Howard G. Smith officially announced that those affected can lead a class action lawsuit regarding allegations of securities fraud against CTO. This class action aims to hold the company accountable for misleading investors about the sustainability of its dividends and financial practices.
Background of the Case
The announcement of this class action lawsuit comes as a direct result of several allegations outlined in the complaint. According to the claims, which span from February 18, 2021, to June 24, 2025, CTO Realty Growth allegedly made several misleading statements to its investors.
1.
Unsustainable Dividend Practices: The lawsuit asserts that CTO misled investors about the sustainability of its dividends. This misinformation may have led investors to believe they were making sound investments, while in reality, these dividends were not as stable as presented.
2.
Deceptive Financial Reporting: Another critical assertion is that CTO employed deceptive methods to inflate its Adjusted Funds From Operations (AFFO), presenting an inaccurately positive picture of the profitability of its key property, Ashford Lane. This deception contributed to raising investor expectations regarding the company’s overall operational health.
3.
Overstating Business Prospects: As a consequence of the above, CTO’s financial and business outlook appeared far more robust than the reality warranted, creating an extraordinary misrepresentation that impacted investor decisions.
Call to Action for Investors
The Law Offices of Howard G. Smith urges all investors who experienced losses with CTO Realty Growth to act swiftly, as the deadline to apply as a lead plaintiff in this case is set for October 7, 2025. Investors should contact the firm directly via phone at (215) 638-4847 or through their website,
howardsmithlaw.com, to express their interest in participating in the lawsuit.
This class action does not require immediate action from all investors; they can simply keep abreast of the developments or choose to retain legal counsel of their preference. It’s crucial for investors to understand their rights and navigate through this legal landscape Fiming correctly.
Importance of Acting Now
For those who feel aggrieved by the situation—both financially and in terms of trust—a class action lawsuit can serve as a powerful tool. It not only enables individual investors to pool resources but also amplifies their voices against corporate malfeasance. Being part of a significant legal movement can provide a sense of empowerment, allowing investors to seek justice and potential restitution for their losses.
Contact Information
If you are seeking to learn more about the ongoing developments in this case, have questions regarding your rights, or need assistance, do not hesitate to reach out to Howard G. Smith, Esq. The law firm is located at 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020. They are available by phone at 215-638-4847 or through email at
[email protected].
This announcement can be viewed as an important reminder that investors should remain vigilant about the health of their investments and the legitimacy of the companies they support. Stay informed, and take action if needed.
Disclaimer: This press release may be considered Attorney Advertising in some jurisdictions under applicable law and ethical rules.