Investigative Alert: Pomerantz Law Firm Probes Claims of CTO Realty Growth's Unlawful Practices
In recent legal developments, Pomerantz LLP has initiated an investigation into potential wrongful actions by CTO Realty Growth, Inc. (CTO) regarding claims from its investors. This inquiry has garnered attention after a report from Wolfpack Research surfaced, alleging that CTO misled shareholders about its dividend sustainability and engaged in questionable financial practices.
On June 25, 2025, the report titled 'CTO: The B. Riley of REITs' was published, drawing insights from former employees and whistleblowers. This document claimed that CTO had falsified information related to its financial health and dividend reliability, potentially misleading investors. Following the disclosure of these troubling allegations, the company's stock experienced a significant decline. Specifically, CTO's share price dropped by $0.98, equating to a 5.42% reduction, closing at $17.10 that same day.
Pomerantz, which operates offices in key cities including New York, Chicago, and London, is no stranger to the realm of corporate and securities litigation. Established 85 years ago by Abraham L. Pomerantz, a recognized leader in class action law, the firm has built a solid reputation for championing the rights of individuals who have fallen victim to securities fraud and corporate malpractice. Over the years, Pomerantz has successfully secured numerous multi-million dollar settlements and has committed to advocating for investors' rights.
In light of the ongoing situation with CTO Realty, Pomerantz is urging affected shareholders to reach out for more information on how to join the investigation. Interested parties can contact Danielle Peyton at [email protected] or via telephone at 646-581-9980, ext. 7980. As this case unfolds, the firm continues to monitor the implications it may have on the investment community and hopes to provide clarity and support for those impacted by the recent events.
For investors, the revelations surrounding CTO could have significant ramifications. The possibility of class action litigation could emerge if a significant number of shareholders decide to join forces against the allegations of securities fraud. The legitimacy of these claims, along with the business practices of CTO, remain under scrutiny as Pomerantz pursues this investigation diligently. Pomerantz's declarations of past successes in recovering funds for investors serve as a source of hope for those concerned about their investments in CTO Realty.
The consultation provided by Pomerantz represents an opportunity for affected individuals to take action, reinforcing the importance of investor awareness and the need for transparency in corporate practices. As the investigation unfolds, stakeholders will be keeping a close eye on any developments that may arise from these allegations, looking for accountability from CTO and its executives.
In summary, the claims made against CTO Realty Growth, Inc. highlight significant concerns regarding transparency in the real estate investment trust (REIT) sector. With Pomerantz LLP leading the charge, investors will undoubtedly remain vigilant as further investigations into the company's dealings continue. The outcome of this investigation could serve as a critical test of corporate governance standards and investor rights within the industry.