American Realty Investors, Inc. shares rise 1.37% after-hours following a class action lawsuit against CTO Realty Growth, Inc.

American Realty Investors, Inc. rose 1.37% in after-hours trading. The Law Offices of Frank R. Cruz issued a notice to shareholders of CTO Realty Growth, Inc., encouraging them to contact the firm regarding possible lead plaintiff appointment. The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that CTO's dividends were less sustainable than defendants had led investors to believe.