CTO Realty Growth, Inc.
| Company Name | CTO Realty Growth, Inc. |
| Stock Symbol | CTO |
| Class Period | February 18, 2021 to June 24, 2025 |
| Lead Plaintiff Motion Deadline | October 07, 2025 |
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If you suffered a loss on your CTO Realty Growth, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.
Background
On June 25, 2025, Wolfpack Research published a report alleging, among other things, that CTO is “engag[ing] in accounting shenanigans like using a sham loan to cover up a top tenant’s failure.” Specifically, the report claims that the Company’s management “used a sham loan to hide the collapse of a top tenant from shareholders,” “obfuscates its impotence by excluding recurring capex from [Adjusted Funds From Operation (“AFFO”)],” and “makes more money for themselves sabotaging the future of the company by overpaying for properties.”
On this news, CTO’s stock price fell $0.98, or 5.4%, to close at $17.10 per share on June 25, 2025, thereby injuring investors.
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) CTO’s dividends were less sustainable than Defendants had led investors to believe; (2) the Company used deceptive and unsustainable practices to artificially inflate its AFFO and overstate the true profitability of its Ashford Lane property; (3) accordingly, CTO’s business and/or financial prospects were overstated; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
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