LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz reminds investors of the upcoming October 7, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired CTO Realty Growth, Inc. (“CTO” or the “Company”) (NYSE: CTO) securities between February 18, 2021 and June 24, 2025, inclusive (the “Class Period”).
IF YOU ARE AN INVESTOR WHO LOST MONEY ON CTO REALTY GROWTH, INC. (CTO), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.
What Happened?
On June 25, 2025, Wolfpack Research published a report alleging, among other things, that CTO is “engag[ing] in accounting shenanigans like using a sham loan to cover up a top tenant’s failure.” Specifically, the report claims that the Company’s management “used a sham loan to hide the collapse of a top tenant from shareholders,” “obfuscates its impotence by excluding recurring capex from [Adjusted Funds From Operation (“AFFO”)],” and “makes more money for themselves sabotaging the future of the company by overpaying for properties.”
On this news, CTO’s stock price fell $0.98, or 5.4%, to close at $17.10 per share on June 25, 2025, thereby injuring investors.
What Is the Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) CTO’s dividends were less sustainable than Defendants had led investors to believe; (2) the Company used deceptive and unsustainable practices to artificially inflate its AFFO and overstate the true profitability of its Ashford Lane property; (3) accordingly, CTO’s business and/or financial prospects were overstated; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired CTO securities between February 18, 2021 and June 24, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is October 7, 2025.
Contact Us to Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:
Frank R. Cruz
The Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, California 90067
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com
