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 November 16, 2023, Viceroy Research released a report entitled "Arbor Realty Trust - Slumlord Millionaires." In this report, Viceroy stated that it "[i]nvestors in bridge financing underwriters and their portfolios of loans appear to be [. . .] unprepared for the enormous wave of maturities which cannot be refinanced and are substantially all underwater. This is a bizarre deer in headlights situation we didn't ever expect to find." Further, Viceroy announced that it was "short Arbor Realty Trust" and that "[i]n this industry plagued with delusion and bad decisions, Arbor stands out as the worst of the worst. Viceroy's dive into Arbor's collateralized loan obligation facilities suggest its entire loan book is distressed and underlying collateral is vastly overstated."
On this news, the price of Arbor stock went down by $1.60 per share, or 11.56%, to close at $12.24 on November 16, 2023.
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.
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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.
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Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com