Press release
CTO Realty Growth, Inc. (NYSE: CTO) Long Term Investor Alert: Investigation of potential Wrongdoing
An investigation on behalf of current long term investors in CTO Realty Growth, Inc. (NYSE: CTO) shares.
Investors who are current long term investors in CTO Realty Growth, Inc. (NYSE: CTO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: CTO stocks follows a lawsuit filed against CTO Realty Growth, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: CTO stocks, concerns whether certain CTO Realty Growth, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Middle District of Florida the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that CTO's dividends were less sustainable than Defendants had led investors to believe, that the Company used deceptive and unsustainable practices to artificially inflate its AFFO and overstate the true profitability of its Ashford Lane property, that accordingly, CTO's business and/or financial prospects were overstated, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.
Those who purchased shares of CTO Realty Growth, Inc. (NYSE: CTO) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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