Arbor Realty Trust, Inc. (NYSE: ABR)

This lawsuit is for anyone who acquired securities in Arbor Realty Trust, Inc. (NYSE: ABR) from May 7, 2021 through July 11, 2024.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by telling investors that the Company’s loan portfolio was less risky then the Company knew the portfolio to be.

On July 12, 2024, Bloomberg reported that federal prosecutors and the Federal Bureau of Investigation are looking into Arbor regarding its lending practices and the Company’s claims about the performance of their loan book. On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Arbor Realty Trust, Inc. (NYSE: ABR) from May 7, 2021 through July 11, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.