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CTO Realty Growth Faces Class Action Lawsuit Over Securities Violations
ByAinvest
Saturday, Aug 9, 2025 10:03 am ET1min read
Pomerantz LLP has filed a class action lawsuit against CTO Realty Growth, Inc. and certain officers. The lawsuit alleges violations of federal securities laws and seeks damages on behalf of investors who purchased CTO securities between February 18, 2021, and June 24, 2025. The lead plaintiff must be appointed by October 7, 2025.
Pomerantz LLP, a prominent law firm specializing in securities class actions, has filed a lawsuit against CTO Realty Growth, Inc. (NYSE: CTO) and certain of its officers. The lawsuit alleges violations of federal securities laws, seeking damages on behalf of investors who purchased CTO securities between February 18, 2021, and June 24, 2025 [2].The complaint, filed on August 6, 2025, accuses CTO and its officers of engaging in securities fraud and other unlawful business practices. The firm is investigating whether CTO misled investors about its dividend sustainability and engaged in dubious financial activities [2].
The lawsuit comes on the heels of a report published by Wolfpack Research on June 25, 2025, which alleged that CTO had misled investors about its dividend sustainability and engaged in questionable financial activities [2]. Following the report's release, CTO's stock price fell by $0.98 per share, or 5.42%, to close at $17.10 per share on June 25, 2025 [2].
Investors who purchased CTO securities during the specified period are encouraged to contact Danielle Peyton at Pomerantz LLP to discuss their rights. The deadline for appointing the lead plaintiff is October 7, 2025 [2].
Pomerantz LLP has a long history of representing investors in securities fraud cases and has recovered multimillion-dollar damages for class members in the past [2].
References:
[1] https://www.morningstar.com/news/business-wire/20250808757239/cto-investors-have-opportunity-to-lead-cto-realty-growth-inc-securities-fraud-lawsuit-with-the-schall-law-firm
[2] https://www.marketscreener.com/news/pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-cto-realty-growth-inc-cto-ce7c5ed9d08df627
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