Bronstein, Gewirtz & Grossman LLC Files Class Action Lawsuit Against Franklin BSP Realty Trust

Lawsuit alleges investors suffered losses due to company's false and misleading statements

Published on Mar. 8, 2026

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Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, has filed a class action lawsuit against Franklin BSP Realty Trust, Inc. (NYSE: FBRT) and certain of its officers. The lawsuit seeks to recover damages for alleged violations of federal securities laws on behalf of all persons and entities that purchased or acquired FBRT securities between November 5, 2024 and February 11, 2026.

Why it matters

The lawsuit alleges that the defendants made false and/or misleading statements about Franklin BSP Realty Trust's prospects, ability to maintain its dividend, and overall business operations. If successful, the lawsuit could result in significant financial recovery for affected investors.

The details

The Complaint alleges that throughout the Class Period, the defendants recklessly overstated Franklin BSP Realty Trust's prospects and its ability to maintain the $0.355 dividend. As a result, the defendants' statements about the company's business, operations, and prospects were allegedly false and/or lacked a reasonable basis.

  • The Class Period is from November 5, 2024 to February 11, 2026.
  • Investors have until April 27, 2026 to request to be appointed as lead plaintiff in the case.

The players

Bronstein, Gewirtz & Grossman, LLC

A nationally recognized investor-rights law firm that represents investors in securities fraud class actions and shareholder derivative suits.

Franklin BSP Realty Trust, Inc.

A real estate investment trust that is the defendant in the class action lawsuit.

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What they’re saying

“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”

— Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC (Globe Newswire)

What’s next

A class action lawsuit has already been filed. Investors who purchased or acquired FBRT securities during the Class Period have until April 27, 2026 to request to be appointed as lead plaintiff in the case.

The takeaway

This lawsuit highlights the importance of corporate transparency and accountability. Investors who suffered losses due to alleged false and misleading statements by Franklin BSP Realty Trust may be able to recover damages through this class action lawsuit.