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CTO Realty Growth Class Action Lawsuit Filed by Pomerantz LLP
ByAinvest
Tuesday, Sep 2, 2025 10:04 am ET1min read
A class action lawsuit has been filed against CTO Realty Growth, Inc. and certain officers for alleged violations of federal securities laws. The lawsuit seeks damages for investors who purchased CTO securities between February 18, 2021 and June 24, 2025. The court is set to appoint a lead plaintiff by October 7, 2025.
Investors who purchased CTO Realty Growth, Inc. (NYSE: CTO) securities between February 18, 2021, and June 24, 2025, are being reminded of an important deadline to join a class action lawsuit alleging securities fraud. The Rosen Law Firm, a global investor rights law firm, has issued a notice to investors to participate in the class action [1].The lawsuit, filed by Rosen Law Firm, claims that CTO Realty made false and misleading statements and failed to disclose significant information during the class period. Specifically, the lawsuit alleges that the company's dividends were less sustainable than represented, that deceptive practices were used to inflate Adjusted Funds from Operations (AFFO), and that the company overstated its business and financial prospects [1].
Investors who purchased CTO Realty securities during the specified period may be entitled to compensation without paying any out-of-pocket fees or costs. To join the class action, investors can visit the Rosen Law Firm's website or contact Phillip Kim, Esq., at 866-767-3653 or email case@rosenlegal.com [1].
The court is set to appoint a lead plaintiff by October 7, 2025, and investors who wish to serve in this role must move the court by this deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation [1].
The Rosen Law Firm has a track record of success in securities class actions, having secured hundreds of millions of dollars for investors. The firm was ranked No. 1 by ISS Securities Class Action Services in 2017 and has recovered over $438 million for investors in 2019 alone [1].
It is essential for investors to be aware of their rights and the potential for compensation. Investors should carefully consider their options and consult with legal counsel if necessary. No class has been certified yet, and investors may select their counsel or remain as absent class members [1].
References:
[1] https://www.morningstar.com/news/pr-newswire/20250901dc62527/cto-investors-have-opportunity-to-lead-cto-realty-growth-inc-securities-fraud-lawsuit
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