The Schall Law Firm Reminds Investors of Class Action Lawsuit Against Arbor Realty Trust, Inc.
LOS ANGELES, CA / ACCESSWIRE / September 20, 2024
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arbor Realty Trust, Inc. (“Arbor Realty” or “the Company”) (NYSE:ABR) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between May 7, 2021 through July 11, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before September 30, 2024.
Arbor Realty Trust, Inc. is a real estate investment trust that invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. The class action lawsuit alleges that the Company made false and misleading statements regarding its business operations and financial performance during the Class Period.
According to the lawsuit, Arbor Realty failed to disclose that it was experiencing a significant decline in its financial results due to multiple factors, including its exposure to risky assets and inadequate risk management practices. As a result of these alleged misrepresentations, investors suffered damages when the true state of the Company’s financial health was revealed.
Investors who purchased Arbor Realty securities during the Class Period and suffered financial losses as a result may be eligible to participate in the class action lawsuit and seek recovery of their losses. The deadline to seek appointment as lead plaintiff in the lawsuit is fast approaching, so investors are urged to act quickly to protect their legal rights.
Impact on Individuals:
As an investor who purchased Arbor Realty Trust, Inc. securities during the Class Period, this class action lawsuit could have a significant impact on your financial situation. If the allegations against the Company are proven true, you may be entitled to compensation for any losses you suffered as a result of the alleged misrepresentations. It is important to contact the Schall Law Firm before the September 30, 2024 deadline to ensure that your legal rights are protected.
Impact on the World:
Class action lawsuits against companies like Arbor Realty Trust, Inc. have the potential to have broader implications for the financial markets and investors worldwide. If the allegations of false and misleading statements are proven in court, it could lead to increased scrutiny of other companies’ financial disclosures and practices. This could result in greater transparency and accountability in corporate governance, ultimately benefiting investors and the overall integrity of the financial system.
Conclusion:
Investors who purchased Arbor Realty Trust, Inc. securities during the Class Period are reminded to contact the Schall Law Firm before the September 30, 2024 deadline to protect their legal rights and potentially seek compensation for any losses suffered. The outcome of this class action lawsuit could have far-reaching implications for both individuals and the financial markets as a whole, highlighting the importance of transparency and accountability in corporate governance.
