Investors Alert: Arbor Realty Trust, Inc. Class Action Deadline
Important Deadlines for Arbor Realty Trust, Inc. Investors
Attention all investors involved with Arbor Realty Trust, Inc. (NYSE: ABR). There is crucial information you need to know regarding a securities class action lawsuit that could impact your financial rights. It's essential to be aware of the timeline if you are one of the stakeholders.
Who Should Pay Attention?
Did you or do you own shares of Arbor Realty Trust, Inc.? This alert is particularly relevant if you purchased your shares between certain dates, as outlined in the class action. Identifying whether you purchased during this specific timeframe is the first step in considering your involvement in the ongoing legal proceedings.
Understanding the Class Period
The lawsuit focuses on investors who acquired Arbor Realty Trust securities during the Class Period, which spans from May 7, 2021, through July 11, 2024. If your investment falls within this range and you feel that you may have lost out financially due to possible misrepresentations by the company, it’s time to look into your options.
Investigating the Claims
The legal complaint against Arbor Realty Trust, Inc. alleges that the company misrepresented key aspects of its operational and financial performance. This includes misleading information regarding their balance sheet loan book and reported net interest income, which are crucial metrics for assessing a financial company’s stability and growth.
Steps to Take for Affected Investors
If you believe your investment in Arbor Realty Trust has been negatively affected, it's vital to consult with legal professionals who can discuss your rights and options. The law firm Bernstein Liebhard LLP is urging affected investors to consider taking action. You do not have to be the lead plaintiff to benefit from the suit. However, acting quickly is essential as the deadline to file for lead plaintiff status is approaching.
Filing for Lead Plaintiff Status
Investors who wish to represent the class must act before the deadline set for **September 30, 2024**. Taking on this role means directing the litigation on behalf of other shareholders, but it’s important to note that all recovery from the suit will be shared amongst members, regardless of participation as a lead plaintiff.
Contingency Fee Basis
It’s reassuring to note that all representation from Bernstein Liebhard LLP is conducted on a contingency fee basis. This means that you will not need to pay any upfront costs, and fees will only be applied in the event of a successful recovery, which minimizes financial risk for investors.
Experience and Track Record of Bernstein Liebhard LLP
Since its inception, Bernstein Liebhard LLP has successfully recovered over $3.5 billion for clients, demonstrating a strong track record in class action litigation. With recognition from prominent legal publications and having represented both individual and large-scale investors, their experience adds a layer of confidence for those considering legal recourse.
Contact Information for Investors
For more insight or to discuss details about your investment, reach out to **Peter Allocco**, the Investor Relations Manager at Bernstein Liebhard LLP. You can connect via phone at (212) 951-2030 or through email at pallocco@bernlieb.com.
Frequently Asked Questions
What is the deadline for filing as a lead plaintiff?
The deadline to file as a lead plaintiff in the class action is September 30, 2024.
Who can participate in the lawsuit?
Any investor who purchased Arbor Realty Trust, Inc. shares during the Class Period can potentially join the lawsuit.
What are the allegations against Arbor Realty Trust?
The lawsuit alleges that Arbor Realty Trust made misrepresentations regarding its financial health and operational performance.
Do I need to pay upfront fees to participate?
No, the representation is on a contingency fee basis, meaning you pay only if there is a recovery.
How can I contact Bernstein Liebhard LLP?
You can reach Peter Allocco at (212) 951-2030 or email at pallocco@bernlieb.com for further inquiries.
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