1. DJS Law Group investigates RCI Hospitality for possible securities violations. 2. Reports indicate RCI executives indicted for tax fraud and bribery. 3. RCI shares plummeted nearly 16% following the indictment news.
The 16% drop in share price signifies severe investor distrust. Criminal allegations lead to potential long-term financial and reputational damage.
The article discusses severe legal issues that directly threaten RICK's stock performance and investor confidence.
Immediate effects seen in stock price; however, longer-term impact depends on legal outcomes. Historical examples show prolonged downturns in similar cases.
The DJS Law Group announces that it is investigating claims on behalf of investors of RCI Hospitality Holdings, Inc. ("RCI" or "the Company") (NASDAQ: RICK) for violations of the securities laws.
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. CNBC reported on September 16, 2025, that RCI and multiple top executives have been indicted by the State of New York in a "multi-million-dollar criminal tax fraud and bribery scheme." Shares of RCI fell by almost 16% on September 16, 2025, with further losses in after hours trading.
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.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250916979208/en/
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com