Case Summary

ABR

NYSE: ABR

Case Details

  • Martin v. Arbor Realty Trust, Inc. et al.
  • Class Period:May 7, 2021 - July 11, 2024
  • Date Filed:July 31, 2024
  • Jurisdiction:U.S. District Court, Eastern District of New York
  • Docket Number: 1:24-cv-05347
  • Lead Plaintiff Deadline: September 30, 2024
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Overview

A class action lawsuit has been filed against Arbor Realty Trust, Inc. (“ABR” or the “Company”) (NYSE: ABR) and certain of the Company’s former and current senior executive officers alleging violations of the federal securities laws.  The ABR class action lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired ABR’s securities between May 7, 2021, to July 11, 2024, both dates inclusive (the “Class Period”).  Investors have until September 30, 2024, to seek appointment as lead plaintiff of the ABR class action lawsuit.

ABR is a Maryland corporation formed in 2003.  They are a nationwide real estate investment trust (“REIT”) and direct lender, providing loan origination and servicing for commercial real estate assets.  ABR operates through two business segments: Their Structured Loan Origination and Investment Business, or “Structured Business,” and their Agency Loan Origination and Servicing Business, or “Agency Business.”

The ABR class actions lawsuit alleges that Defendants, throughout the Class Period, provided investors with false and/or materially misleading information concerning ABR’s operational and financial health, including its balance sheet loan book and net interest income.  As alleged in the lawsuit, Defendants provided investors with this information in quarterly and annual reports filed with the U.S. Securities and Exchange Commission as well as orally during earnings conference calls.  Investors discovered that these statements were false and/or materially misleading over the course of several corrective disclosures.

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If you purchased or otherwise acquired ABR’s securities between May 7, 2021, to July 11, 2024, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected]

The deadline to apply to the Court to serve as a lead plaintiff in the ABR lawsuit is September 30, 2024.

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