Franklin BSP Realty Trust Inc. Common Stock (NYSE: FBRT)
13 Days left to seek lead plaintiff status.
The complaint alleges defendants made false and/or misleading statements and/or failed to disclose that: (1) Defendants recklessly overstated Franklin BSP Realty Trust’s prospects; (2) Defendants recklessly overstated Franklin BSP Realty Trust’s ability to maintain the $0.355 dividend; and (3) as a result, Defendants’ statements about Franklin BSP Realty Trust’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.