RCI Hospitality Holdings (RICK) Stock Slides On Executive Indictments: What Investors Need To Know
1. RCI Hospitality Holdings faces a 79-count indictment for tax fraud. 2. Charges include bribery of a New York tax auditor to evade $8 million. 3. CEO Eric Langan and CFO Bradley Chhay are among those indicted. 4. Stock fell 15.94% to $28.79 following the news. 5. The allegations span from 2010 to 2024, affecting financial integrity.