Urgent Alert for Arbor Realty Trust Investors: Know Your Rights
Critical Notice for Arbor Realty Trust, Inc. Investors
As an investor in Arbor Realty Trust, Inc. (NYSE: ABR), it is essential to be informed about important developments affecting your rights. A reminder has been issued regarding the timeline for taking action related to a class action lawsuit that impacts individuals who purchased shares of Arbor Realty Trust.
Understanding Your Rights as a Shareholder
Did you ever own shares of Arbor Realty Trust, Inc.? It is crucial to determine whether you purchased your shares during the defined period from May 7, 2021, to July 11, 2024. If you have experienced losses in your investment, this is a significant moment for you to take action.
The Class Action Lawsuit Explained
The class action lawsuit has been filed on behalf of all investors who acquired shares of Arbor Realty Trust, Inc. during the specified Class Period. The United States District Court for the Eastern District of New York is handling the case. Allegations suggest that the Company and certain officers made misrepresentations regarding the financial health of Arbor Realty Trust, which misled investors.
What You Need to Do Now
If you purchased shares or acquired ABR securities during the relevant period, it is wise to discuss your legal rights and options. Reaching out to experienced legal counsel can help you understand what actions to consider next and how to contribute to this case effectively.
Key Dates and Legal Representation
Investors must be aware that the deadline to file a motion to serve as lead plaintiff in this class action will approach. You need to file your papers promptly to be considered among those leading the charge in holding the responsible parties accountable.
Contingency Fees and Legal Costs
One reassuring aspect for shareholders is that all representation in this case will be on a contingency fee basis. This means that if you choose to engage legal assistance, you do not have to pay any fees or expenses upfront—compensation will be based on any potential recovery.
Background on Bernstein Liebhard LLP
Bernstein Liebhard LLP has a long-standing reputation in advocating for investor rights, recovering over $3.5 billion for its clients since 1993. The firm is dedicated to protecting individual investors' interests and represents some of the largest pension funds in the country to safeguard their investments.
Learn More About Your Options
If you have further questions or would like to learn more about your rights, you can reach out to Investor Relations Manager Peter Allocco. Effective communication with the firm could position you better for possible recovery in this ongoing situation.
Frequently Asked Questions
What is the deadline for filing a motion in the class action?
The deadline to file a motion to serve as lead plaintiff is September 30, 2024.
Who can join the class action lawsuit?
Investors who purchased shares of Arbor Realty Trust, Inc. between May 7, 2021, and July 11, 2024, are eligible to join the lawsuit.
What are the allegations made in the lawsuit?
The lawsuit alleges that Arbor Realty Trust falsely represented its operational and financial status, leading to investor losses.
Is there a cost involved in joining the class action?
No, legal representation in this case will be on a contingency fee basis, so shareholders will not incur upfront legal costs.
How can I contact Bernstein Liebhard LLP for more information?
You can reach Peter Allocco, the Investor Relations Manager, at (212) 951-2030 or via email.
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