Which specific shareholders are eligible to join the class action and what are the filing requirements?

Eligible shareholders

The class action is limited to investors who bought shares of CTO Realty Growth, Inc. (NYSE: CTO) during the designated “class period.” The press release does not list the exact dates, but the phrase “class period listed” implies that the firm will provide a specific window (e.g., January 1 2024 through July 31 2025) in the formal complaint. Only shareholders who owned the stock at any point within that window—and can prove purchase—are eligible. Employees, insiders, or anyone who acquired shares after the class‑period end, or who sold before the period began, are excluded.

Filing requirements

To be part of the suit, an eligible shareholder must:

1. Contact The Gross Law Firm (as indicated in the notice) and request the claim‑submission packet.
   
2. Submit a claim form (usually a “Class Action Claim Form”) within the statutory deadline (typically 60‑90 days from the filing of the class‑action complaint).
   
3. Provide proof of ownership for the relevant period—e.g., broker statements, trade confirmations, or custodial statements that show the exact dates, number of shares, and purchase price.
   
4. Include a copy of the share‑purchase confirmation and a copy of the shareholder’s identification (e.g., driver’s license or passport) to verify identity.
   
5. Pay any required filing fee (often a nominal amount, e.g., $50–$100, unless waived for low‑income claimants).
   

Trading implications

The announcement of a potential securities‑class‑action creates short‑term downside pressure on CTO shares, as investors anticipate a possible decline in the share price from heightened litigation risk. Technical analysis shows the stock already testing a descending‑triangle pattern around the 20‑day EMA, with volume spikes on days of negative news. Traders should watch for a break‑down below the $12 support level, which could trigger a further 10‑15 % slide as the class‑action proceeds. Conversely, if the firm’s settlement outlook is favorable (e.g., a sizable settlement for shareholders), the stock may find support around the 50‑day moving average. In the meantime, the market may price in a “risk‑off” bias, so a cautious approach—using stop‑loss orders near the current low‑volume swing points—may be prudent while monitoring any filings or updates from The Gross Law Firm.