Claros Mortgage Trust, Inc. (CMTG)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of investors of Claros Mortgage Trust, Inc. (“Claros” or “the Company”) (NASDAQ: CMTG). Claros investors are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Claros violated federal securities laws.
On February 16, 2023, Claros issued a press release reporting its financial results for the quarter and year ended December 31, 2022. Then, on February 21, 2023, following the release of Claros’s financial results, JMP Securities downgraded the Company to Market Perform from Market Outperform, citing credit weakness and valuation, with analyst Steven DeLaney noting that “the levels of 5-rated and nonaccrual loans both increased sharply in Q4”. On this news, Claros’s stock price fell $1.17 per share, or 7.88%, to close at $13.68 per share on February 21, 2023.
If you are aware of any facts relating to this investigation or purchased Claros shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.