Harwood Feffer LLP Announces Investigation of Consolidated-Tomoka Land Co.

Dec 21, 2015, 17:44 ET from Harwood Feffer LLP

NEW YORK, Dec. 21, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Consolidated-Tomoka Land Co. ("Tomoka" or the "Company") (NYSE: CTO), concerning whether the board has breached its fiduciary duties to shareholders.

On December 17, 2015, it was disclosed that an investor in Tomoka had sent a letter to the board of directors of the Company stating that Tomoka's "recent public filings have not met the standards set forth in [the] federal securities laws and furthermore, we believe that CTO's management, led by John Albright, is actively trying to deceive shareholders with filings, investor presentations and disclosures that obfuscate, confuse and hide what is really going on at CTO."

Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

If you own Tomoka shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email:  bsachsmichaels@hfesq.com

Website:   http://www.hfesq.com

Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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SOURCE Harwood Feffer LLP



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