Important Information for Investors: Rosen Law Firm Reminds Purchasers of Ready Capital Corporation (RC) Stock of Upcoming Deadline
New York, NY – March 31, 2025
The Rosen Law Firm, a global investor rights law firm, reminds purchasers of Ready Capital Corporation (NYSE:RC) common stock between November 7, 2024 and March 2, 2025, both dates inclusive (the “Class Period”), of the important May 5, 2025 lead plaintiff deadline. This deadline applies to those who may have purchased or acquired Ready Capital securities during the Class Period and may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
What is the Ready Capital Securities Class Action Lawsuit About?
The Rosen Law Firm, along with other counsel, alleges that Ready Capital Corporation made false and/or misleading statements and/or failed to disclose: (1) that the Company’s loan origination and underwriting processes were deficient; (2) that Ready Capital was experiencing increased loan losses and delinquencies; and (3) that as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.
How Does This Affect Me?
If you purchased or otherwise acquired Ready Capital Corporation securities during the Class Period and suffered a loss as a result, you may be entitled to compensation. The lead plaintiff deadline is May 5, 2025. The Rosen Law Firm encourages you to contact the firm to discuss your potential recovery options. You may also contact the firm to discuss any questions or concerns about this notice or class action at 866-767-3653 or [email protected].
How Does This Affect the World?
The securities class action against Ready Capital Corporation is just one of many lawsuits that have been filed against publicly-traded companies in recent years, alleging false or misleading statements and/or failure to disclose material information. These lawsuits can have significant implications for investors, as they can result in substantial financial losses and damage to reputation. In addition, securities class actions can also lead to increased scrutiny and regulatory action against the companies involved.
More broadly, the trend towards increased litigation and regulatory scrutiny of publicly-traded companies highlights the importance of transparency and accuracy in corporate reporting. It also underscores the need for investors to be vigilant and informed, and to carefully consider the risks and potential rewards of any investment.
Conclusion
If you purchased or otherwise acquired Ready Capital Corporation securities during the Class Period and suffered a loss as a result, you may be entitled to compensation. The lead plaintiff deadline is May 5, 2025. Contact the Rosen Law Firm to discuss your potential recovery options.
This blog post is not an advertisement or solicitation and does not constitute legal advice. It is for informational purposes only. The information provided herein is not intended to be and should not be considered to be investment advice.
- Rosen Law Firm reminds purchasers of Ready Capital Corporation (RC) common stock between November 7, 2024 and March 2, 2025 of the May 5, 2025 lead plaintiff deadline.
- The lawsuit alleges that Ready Capital made false and/or misleading statements and/or failed to disclose deficiencies in its loan origination and underwriting processes, increased loan losses and delinquencies, and materially false and misleading financial statements.
- Investors may be entitled to compensation if they suffered a loss as a result of purchasing Ready Capital securities during the Class Period, and the lead plaintiff deadline is May 5, 2025.
- Securities class actions can have significant implications for investors and can lead to increased scrutiny and regulatory action against the companies involved.
- Contact the Rosen Law Firm to discuss your potential recovery options.
