FBRT Investor Alert: FRANKLIN BSP REALTY TRUST, INC. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Concealing Dividend Sustainability: Levi & Korsinsky

NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP alerts investors in Franklin BSP Realty Trust, Inc. (NYSE: FBRT) that three senior executives are named as individual defendants in a securities class action covering purchases between November 5, 2024 and February 11, 2026. Find out if you qualify to recover losses or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com | (212) 363-7500.

FBRT shares fell $1.44 per share, or 14.18%, closing at $8.71 on February 12, 2026, after the Company disclosed a dividend cut from $0.355 to $0.20 per share. To be considered for lead plaintiff, investors must file by April 27, 2026.

The Named Individual Defendants

The action names the following officers as individual defendants under Section 20(a) of the Securities Exchange Act of 1934:

Section 20(a) Control Person Framework

The complaint charges that each Individual Defendant exercised control over FBRT's public communications, including earnings call statements and press releases that repeatedly affirmed the $0.355 dividend level. As controlling persons, they are alleged to bear personal liability for the Company's violations of Section 10(b) and Rule 10b-5.

Sarbanes-Oxley Certification Obligations

As CEO and CFO, the Individual Defendants were required under Sections 302 and 906 of the Sarbanes-Oxley Act to personally certify the accuracy of FBRT's periodic SEC filings. The action alleges these certifications were made while the defendants knew or recklessly disregarded that:

"Corporate officers have a duty to ensure their companies' public statements are accurate and complete. When senior executives personally certify financial statements while allegedly aware that core representations about dividend sustainability lack support, investors deserve accountability." -- Joseph E. Levi, Esq.

Submit your information to join the recovery or call Joseph E. Levi, Esq. at (212) 363-7500.

Levi & Korsinsky, LLP -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171