NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Arbor Realty Trust, Inc. (“Arbor” or the “Company”) (NYSE: ABR) on behalf of Arbor stockholders. Our investigation concerns whether Arbor has violated the federal securities laws and/or engaged in other unlawful business practices.
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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, Arbor’s stock price fell $2.64, or 17%, to close at $12.89 per share on July 12, 2024, thereby injuring investors.
If you purchased or otherwise acquired Arbor shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
