Law Offices of Howard G. Smith continues its investigation on behalf of Arbor Realty Trust, Inc. (“Arbor” or the “Company”) (NYSE: ABR) investors concerning the Company’s possible violations of federal securities laws.
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 Arbor securities, have information or 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240730004124/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
