Class Action Filed Against Arbor Realty Trust, Inc. (ABR) Seeking Recovery for Investors - Contact Levi & Korsinsky

New York, New York--(Newsfile Corp. - July 17, 2024) - If you suffered a loss on your Arbor Realty Trust, Inc. (NYSE:ABR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:

https://zlk.com/pslra-1/arbor-lawsuit-submission-form?prid=91109&wire=5

or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.

THE LAWSUIT: A class action securities lawsuit was filed against Arbor Realty Trust, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between July 15, 2019 and July 15, 2024.

CASE DETAILS: Reuters published an article on July 12, 2024, entitled "U.S. DOJ probing Arbor Realty over loan practices, Bloomberg report." This article stated that "Arbor Realty Trust is being probed by federal prosecutors and the Federal Bureau of Investigation in New York months after short sellers attacked the lender's practices and disclosures, Bloomberg News reported on Friday." It further stated that in "2023, short sellers, including Viceroy Research and NINGI Research, published reports alleging that Arbor Realty Trust, which invests in a diversified portfolio of structured finance assets, had a distressed loan book. Viceroy Research claimed that Arbor's underlying collateral for the loans is vastly overstated, adding that the loans do not qualify for refinancing anywhere and are nearing maturity. NINGI Research accused the company of concealing a 'toxic' real estate portfolio of mobile homes with 'a complex web' of real and fake holding companies for over a decade."
Following this news, the price of Arbor stock dropped over 17% the same day.

WHAT'S NEXT? If you suffered a loss in Arbor stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/arbor-lawsuit-submission-form?prid=91109&wire=5 to learn about your rights to seek a recovery. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/216932