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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RCI Hospitality Holdings, Inc. - RICK

1. Pomerantz LLP investigates claims against RCI's executives for fraud. 2. RCI executives allegedly bribed an auditor to evade over $8 million in taxes. 3. New York AG's indictment caused RICK's stock to drop nearly 25%. 4. Investors are encouraged to contact Pomerantz for participation in class action. 5. Historical precedence exists for stock drop following similar legal issues.

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FAQ

Why Very Bearish?

The indictment of executives suggests significant reputational damage and potential financial penalties, as seen in other companies facing similar fraud allegations, which often lead to stock price collapses. For reference, similar cases have caused dips of over 20% following news of indictments.

How important is it?

The article directly discusses risk factors that could severely affect RICK's valuation and investor confidence, making it particularly relevant. The surrounding circumstances and potential penalties highlight the gravity of the situation.

Why Short Term?

The immediate effects of the indictment and potential legal battles are expected to weigh on RICK's stock, especially given the quick price drop after the announcement. Investors will closely scrutinize the outcome of the investigation.

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, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  RCI Hospitality Holdings, Inc. ("RCI" or the "Company") (NASDAQ: RICK). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether RCI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On September 16, 2025, New York's Office of the Attorney General announced the indictment of certain top executives of RCI, alleging that its investigation "revealed that RCI executives bribed an auditor with the New York Department of Taxation and Finance (DTF) to avoid paying over $8 million in sales taxes to New York City and the state from 2010 to 2024."  On this news, RCI's stock price fell $25.80 per share, or 24.83%, over the following two trading sessions, to close at $25.80 per share on September 17, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.   CONTACT:Danielle PeytonPomerantz LLP[email protected] 646-581-9980 ext. 7980 SOURCE Pomerantz LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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