Arbor Realty Trust, Inc. (ABR) Stock Lawsuit Investigation
At a glance
What is the Arbor Realty Trust, Inc. (“Arbor Realty”) (NYSE: ABR) securities class action lawsuit Investigation about?
Gibbs Law Group is investigating potential legal claims on behalf of Arbor Realty investors.What did Arbor Realty do wrong?
We are investigating whether Arbor Realty Trust, Inc. has violated federal securities laws by providing false or misleading statements to investors.What do you get out of this?
This potential lawsuit seeks to help Arbor Realty shareholders recover their losses.
Lost Money in Arbor Realty Stock?
You may be eligible to recover your losses. Get a free and confidential consultation.
(Please provide number of shares, purchase date, and estimated losses.)
Why is Arbor Realty stock dropping?
On July 12, 2024, shares of Arbor Realty plummeted nearly 17% in intraday trading after Bloomberg published an article entitled “Arbor Realty Probed by DOJ Over Lending Practices, Loan Book.” The article reports that federal prosecutors and the Federal Bureau of Investigation are investigating Arbor Realty’s “lending practices and the company’s claims about the performance of their loan book.”
The Bloomberg article follows two short seller reports, which previously raised concerns about Arbor Realty’s practices and disclosures, and alleged that Arbor Realty had a distressed loan book.
One report, published by Ningi Research in March 2023, claimed that Arbor Realty “has been hiding a toxic real estate portfolio of mobile homes with a complex web of real and fake holding companies for more than a decade.” Another report, published by Viceroy Research in November 2023, alleged that Arbor Realty’s “entire loan book is distressed and underlying collateral is vastly overstated.”
According to Bloomberg, federal investigators are now probing the New York-based company following these reports, citing sources close to the matter.
Our Securities Lawyers Have a Winning Record Against Companies Like Arbor Realty Trust, Inc.
Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. Read more about our results.
You “shouldn’t presume that powerful banks and other powerful interests can just get away with doing bad things. Good, qualified counsel that are committed to a cause can usually figure out how to prosecute such cases effectively and prevail.”
–Eric Gibbs, award-winning securities attorney
Praise from the Courts
Federal judge in our AT&T class action:
“I’ve always found them to be extraordinary counsel in terms of their preparation and their professionalism.”
Federal judge in our Chase lawsuit (resulting in $100 million settlement):
They “fought tooth and nail, down to the wire” to achieve “the best settlement that they could under the circumstances.”
Read more about what judges say about us.
Gibbs Law Group's Financial Fraud Experience
We represent individuals, whistleblowers, employees, and small businesses across the U.S. against the world's largest corporations. Our award-winning lawyers have achieved landmark recoveries and over a billion dollars for our clients in high-stakes class action and individual cases involving consumer protection, data breach, digital privacy, and federal and financial fraud lawsuits. Our attorneys have received numerous honors for their work, including “Top Plaintiff Lawyers in California,” “Top Class Action Attorneys Under 40,” “Consumer Protection MVP,” “Best Lawyers in America,” and “Top Cybersecurity/ Privacy Attorneys Under 40.