StockNews.AI
RC
StockNews.AI
155 days

RC Investors Have Opportunity to Lead the Ready Capital Corporation Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - RC

1. Class action lawsuit filed against Ready Capital for securities law violations. 2. Allegations include misleading statements about non-performing loans in CRE portfolio. 3. Company's financials failed to accurately reflect credit loss and valuation allowances. 4. Shareholders between November 2024 and March 2025 can participate in the lawsuit. 5. DJS Law Group specializes in securities and corporate governance litigation.

4m saved
Insight
Article

FAQ

Why Very Bearish?

Lawsuits generally negatively affect stock prices; similar cases led to significant price depressions historically.

How important is it?

The ongoing lawsuit combines potential losses with legal scrutiny, impacting investor confidence severely.

Why Short Term?

Immediate legal issues can diminish investor confidence quickly, affecting short-term performance.

Related Companies

CIMBXMTSTWDMNRNRZ
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Ready Capital Corporation ("Ready Capital" or "the Company") (NYSE: RC) for violations of the federal securities laws. Shareholders Investors who purchased the Company's securities between November 7, 2024 and March 2, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before May 5, 2025.            CASE DETAILS:  The complaint alleges that the Company made false and misleading statements to the market concerning whether Ready Capital suffered from non-performing loans in its commercial real estate ("CRE") portfolio. Ready Capital attempted to "stabilize" the CRE portfolio by fully reserving these loans. The Company failed to accurately reflect its current expected credit loss and valuation allowances in its financial results. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: David J. SchwartzDJS Law Group274 White Plains Road, Suite 1Eastchester, NY 10709Phone: 914-206-9742Email: [email protected] SOURCE DJS Law Group LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News