ABR The Schall Law Firm Announces it is Investigating Claims Against Arbor Realty Trust, Inc.
LOS ANGELES, July 16, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Arbor Realty Trust, Inc. ("Arbor" or "the Company") (NYSE: ABR) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Arbor is the subject of a report issued by Viceroy Research November 17, 2023, titled, ""Arbor Realty Trust - Slumlord Millionaires." According to the report, "Arbor's high-risk multifamily bridge loans, which comprise substantially all of its asset book, are going bad fast… The end is near." Viceroy Research then issued a follow up report on December 5, 2023, titled "Arbor - Jacksonville Case Study." In the second report, Viceroy Research claims that the Company's "entire loan book is distressed and underlying collateral is vastly overstated." Based on this news, shares of Arbor fell by more than 5% over the next two trading sessions.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
SOURCE The Schall Law Firm
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