Class Action Lawsuit Against Arbor Realty Trust, Inc.
Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti, Jr., has recently notified investors about an important deadline. There’s a class action lawsuit being filed against Arbor Realty Trust, Inc. (ABR), and if you've lost more than $100,000 from your investments in the company's securities, now's the time to act. The deadline for submitting a lead plaintiff application is approaching fast.
What Investors Need to Know
This class action revolves around securities purchased during certain dates. Arbor Realty is accused of not revealing key information that significantly affected their shareholders. If you invested during the specified timeframe, it's important to know that you can seek compensation for your financial losses.
How to Participate in the Class Action
If you've invested in Arbor Realty and want to talk about your rights regarding this lawsuit, KSF offers free consultations. Contact KSF Managing Partner Lewis Kahn via phone or email to learn more about the lawsuit and how you might be involved as a lead plaintiff. Keep in mind, the filing deadline is coming up quickly.
Allegations Against Arbor Realty Trust
The lawsuit alleges that Arbor Realty Trust and its executives engaged in misleading practices during the class period. They are accused of hiding significant issues related to their portfolio, particularly with mobile homes. Such actions could represent a violation of federal securities laws, placing investors at risk.
Recent Findings Impacting Share Prices
Recent reports have shed light on the fact that Arbor Realty may have been managing a troubling portfolio for over a decade. A crucial report indicated that once this information came to light, share prices dropped from $12.99 to $12.12 in just one day, and continued to slide in the following trading sessions. Moreover, another report mentioned that federal agencies have shown interest in investigating the company’s lending practices, which further affected share prices dramatically.
The Role of Kahn Swick & Foti, LLC
Known for a solid reputation in the legal arena, Kahn Swick & Foti, LLC advocates for numerous clients, including both public institutional and retail investors. They work to ensure clients receive the recoveries they're entitled to. Specializing in securities litigation, they're actively pursuing this case against Arbor Realty Trust to seek justice for those impacted.
Contact Information for Legal Assistance
If you think you meet the criteria to join the class action, don’t hesitate to get in touch with KSF. You can reach Lewis Kahn at 1-877-515-1850 or by email. Their offices are located across multiple states, which allows them to assist clients throughout the country.
Frequently Asked Questions
What is the lawsuit about?
The lawsuit claims that Arbor Realty Trust failed to provide essential information about its financial practices, thus violating federal securities laws.
Who can participate in the class action?
Anyone who purchased Arbor Realty Trust securities during the specified dates and suffered significant losses can join the class action.
What is the deadline to file?
The deadline for submitting a lead plaintiff application is coming up quickly. Make sure to take action before time runs out.
How can I contact the legal team?
You can reach out to Lewis Kahn at Kahn Swick & Foti, LLC by calling 1-877-515-1850 or sending an email.
Why should I consider joining the class action?
Joining the class action could help you recover some of the financial losses you faced due to the alleged misconduct of Arbor Realty Trust.
