---
schema_version: "secwatch.filing_event.v1"
accession: "0000761648-24-000035"
form_type: "8-K"
ticker: "CDR-PB"
cik: "0000761648"
company_name: "CEDAR REALTY TRUST, INC."
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:21:03.642383+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cedar Realty and Wheeler announce Fourth Circuit affirms dismissal of preferred stock class action

## Summary
- On Sept 4, 2024, Fourth Circuit affirmed district court's dismissal of Kim et al. v. Cedar Realty Trust class action.
- Lawsuit by preferred holders alleged breach of contract, breach of fiduciary duty, and tort claims.
- Court opinion stated plaintiffs only regret terms they bargained for, not a legal violation.
- CEO M. Andrew Franklin called the outcome positive; companies positioned to execute strategic plans.

## SEC filing metadata
- accession: 0000761648-24-000035
- form_type: 8-K
- ticker: CDR-PB
- cik: 0000761648
- company_name: CEDAR REALTY TRUST, INC.
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/761648/000076164824000035/0000761648-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/761648/000076164824000035/cdr-20240905.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000761648-24-000035
- JSON: https://secwatch.observer/filing/0000761648-24-000035.json
- Plain text: https://secwatch.observer/filing/0000761648-24-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.