ABR - Arbor Realty Trust (ABR) Faces Reported DOJ/FBI Investigation Stock Tanks - Hagens Berman | Benzinga
SAN FRANCISCO, July 16, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Arbor Realty Trust, Inc. (NYSE:ABR) investors who suffered substantial losses to submit your losses now.
| Visit: www.hbsslaw.com/investor-fraud/ABR |
| Contact An Attorney Now: |
| ABR@hbsslaw.com |
| 844-916-0895 |
Arbor Realty Trust, Inc. (ABR) Investigation:
Arbor Realty Trust faces mounting pressure as federal authorities reportedly investigate its lending practices and loan book performance, according to sources cited by Bloomberg on July 12, 2024. This news sent Arbor's stock price tumbling over 20% during intraday trading.
The investigation follows a series of critical reports published by Viceroy Research, a forensic financial research group. Since November 16, 2023, Viceroy has issued 22 reports on Arbor, raising concerns about the company's financial health and the value of its loan portfolio.
Viceroy's initial report, "Arbor Realty – Slumlord Millionaires," labeled Arbor's stock "uninvestable" due to its allegedly poor loan quality and overvalued collateral. The report further claimed that Arbor's entire loan book is distressed and unlikely ...
ABR) Faces Reported DOJ/FBI Investigation, Stock Tanks - Hagens Berman>Full story available on Benzinga.com