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Ready Capital Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before May 5, 2025 to Discuss Your Rights – RC

1. Shareholders of RC are invited to join a class action lawsuit. 2. Allegations include misleading statements about non-performing loans. 3. The claimed misleading information may have inflated RC's stock price. 4. Deadline to register as a lead plaintiff is May 5, 2025. 5. Shareholders are encouraged to monitor the case for updates.

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FAQ

Why Very Bearish?

Past legal actions have negatively impacted stock prices. For instance, similar allegations against financial firms often lead to substantial drops in share value when the market reacts.

How important is it?

The allegations reveal serious concerns about RC's operations, likely to trigger panic selling.

Why Short Term?

Immediate investor reaction anticipated due to potential stock volatility. Class action lawsuits typically affect stock prices short-term until resolution.

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NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Ready Capital Corporation (NYSE: RC). Shareholders who purchased shares of RC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ready-capital-corporation-loss-submission-form/?id=139460&from=3 CLASS PERIOD: November 7, 2024 to March 2, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) significant non-performing loans in its CRE portfolio were not likely to be collectible; (2) Ready Capital would fully reserve these problem loans in order to “stabilize” its CRE portfolio; (3) this was not accurately reflected in Ready Capital’s current expected credit loss or valuation allowances; (4) as a result, the Company’s financial results would be adversely affected; and (5), as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. DEADLINE: May 5, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/ready-capital-corporation-loss-submission-form/?id=139460&from=3  NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of RC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 5, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:The Gross Law Firm15 West 38th Street, 12th floorNew York, NY, 10018Email: dg@securitiesclasslaw.com Phone: (646) 453-8903

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