NEW YORK, March 25, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds Franklin BSP Realty Trust (“Franklin” or the “Company”) (NYSE:FBRT) investors of the April 27, 2026 lead plaintiff deadline to seek lead plaintiff appointment in the class action filed on behalf of investors who acquired Franklin securities between November 5, 2024 through February 22, 2026 (“the Class Period”).
Courts do not consider applications filed after the lead plaintiff deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions.
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What Is The Lawsuit About?
The lawsuit alleges, the Company made false and/or misleading statements and/or failed to disclose that: (1) Franklin recklessly overstated its prospects and (2) the Company recklessly overstated its ability to maintain the $0.355 dividend.
On February 11, 2026, Franklin announced its financial results for fourth quarter and full year 2025. Among other items, Franklin reported fourth quarter earnings per share of only $0.12, missing consensus estimates by $0.16, and revenue of only $81.12 million, compared to the consensus estimate of $93.65 million. In a press release, Franklin's Chief Executive Officer said that “2025 was a year of transition” and that “it has taken longer to resolve and sell” certain real estate assets “than we originally planned.” On this news, the price of Franklin shares declined by $1.44 per share, or approximately 14.2%, from $10.15 per share on February 11, 2026 to close at $8.71 on February 12, 2026.
[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]
What Should I Do?
If you purchased or otherwise acquired Franklin securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
[LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS]
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
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Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com
