Rosen Law Firm Urges CTO Realty Growth Investors to Seek Counsel Before Class Action Deadline

What's Happening?

Rosen Law Firm, a global investor rights law firm, has issued a reminder to investors of CTO Realty Growth, Inc. regarding an upcoming deadline in a securities class action lawsuit. The firm is encouraging those who purchased CTO Realty securities between February 18, 2021, and June 24, 2025, to secure legal counsel before the lead plaintiff deadline on October 7, 2025. The lawsuit alleges that CTO Realty Growth made false and misleading statements about the sustainability of its dividends and the profitability of its Ashford Lane property, which led to inflated financial prospects. Investors who suffered damages as a result of these alleged misrepresentations may be entitled to compensation.

Why It's Important?

This class action lawsuit is significant as it highlights potential corporate governance issues within CTO Realty Growth, Inc. If the allegations are proven, it could lead to substantial financial repercussions for the company and affect investor confidence. The case underscores the importance of transparency and accurate financial reporting in maintaining trust in the securities market. Investors stand to gain compensation if the lawsuit succeeds, while CTO Realty Growth may face financial penalties and reputational damage. The outcome of this case could also influence how similar cases are handled in the future, potentially leading to stricter regulatory scrutiny of corporate financial disclosures.

What's Next?

Investors interested in participating in the class action must decide whether to serve as lead plaintiffs by the October 7, 2025 deadline. The Rosen Law Firm is actively seeking qualified counsel to represent the class, emphasizing the importance of selecting experienced legal representation. As the case progresses, stakeholders will be watching for any developments that could impact the company's stock price and overall market perception. The court's decision on class certification will be a critical next step, determining the scope and potential impact of the lawsuit.