Investor Alert: Faruqi & Faruqi, LLP Encourages Ready Capital Investors with Significant Losses to Reach Out
The securities litigation law firm of Faruqi & Faruqi, LLP, has announced that it is investigating potential claims against Ready Capital Corporation and certain of its executives. The investigation comes following allegations of potential securities laws violations. Particularly, the firm is focusing on investors who have suffered losses exceeding $50,000.
Background on the Investigation
Ready Capital Corporation is a real estate investment trust (REIT) that specializes in originating, acquiring, financing, and managing a diversified portfolio of commercial loans. The company’s stock (NYSE: RC) has seen a significant decline in value since early 2020, causing concern among investors.
Investor Options
James (Josh) Wilson, a partner at Faruqi & Faruqi, LLP, and head of the firm’s securities practice, encourages investors who have experienced significant losses to contact him directly. “We believe that certain actions taken by Ready Capital and its executives may have violated federal securities laws,” Wilson stated in a press release.
According to Wilson, potential claims may include allegations of misrepresentations or omissions related to the company’s financial condition, business practices, and compliance with regulatory requirements. The investigation is ongoing, and the firm is encouraging investors to come forward to discuss their potential claims.
Impact on Individual Investors
For individual investors, the potential consequences of the investigation could be significant. If it is determined that Ready Capital and its executives have indeed violated securities laws, they may be liable for damages. These damages could include the difference between the purchase price of the stock and its current value, as well as any related losses, such as fees and commissions.
Impact on the Wider World
Beyond the impact on individual investors, the investigation into Ready Capital could have wider implications. The REIT industry as a whole has been under scrutiny in recent years, with concerns over valuation, risk management, and regulatory compliance. An adverse outcome in this case could further erode investor confidence in the sector.
Conclusion
In summary, the ongoing investigation into Ready Capital Corporation by Faruqi & Faruqi, LLP could have significant consequences for individual investors and the wider world of real estate investment trusts. If you have suffered significant losses from your investment in Ready Capital, it is important to consider your options. Contacting the firm directly to discuss your potential claims is a good first step in understanding your rights and potential remedies.
- Faruqi & Faruqi, LLP is investigating potential claims against Ready Capital Corporation and certain executives.
- The investigation comes following allegations of potential securities laws violations.
- The law firm is focusing on investors who have suffered losses exceeding $50,000.
- James (Josh) Wilson, a partner at Faruqi & Faruqi, LLP, is encouraging investors to contact him directly.
- Potential claims may include allegations of misrepresentations or omissions related to the company’s financial condition, business practices, and regulatory compliance.
- Individual investors could be eligible for damages if securities laws have been violated.
- An adverse outcome in the case could further erode investor confidence in the REIT sector.
