Important Information for Investors: Rosen Law Firm Reminds Buyers of Ready Capital Corporation (RC) Stock
New York, April 15, 2025. Rosen Law Firm, a leading global investor rights law firm, alerts purchasers of common stock of Ready Capital Corporation (NYSE: RC) between November 7, 2024, and March 2, 2025, inclusive (the “Class Period”), of the May 5, 2025, lead plaintiff deadline.
According to the lawsuit, the defendants during the Class Period made false and/or misleading statements and/or failed to disclose that:
- The Company’s financial statements contained material misstatements and omissions.
- The Company’s internal control over financial reporting was deficient.
- The Company lacked sufficient internal controls to ensure the accuracy and completeness of its financial statements.
- The Company was experiencing significant operating challenges.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Ready Capital Corporation investors. The company’s securities are listed on the New York Stock Exchange (NYSE) under the symbol “RC.”
What Does This Mean for Me?
If you purchased Ready Capital Corporation common stock during the Class Period, you may be entitled to compensation. The lead plaintiff deadline is May 5, 2025. To be a lead plaintiff, you must meet certain legal requirements and must act quickly. You do not need to act now, but we encourage you to contact us as soon as possible to learn more about your rights and potential remedies.
What Does This Mean for the World?
The securities class action against Ready Capital Corporation is just one of many lawsuits that have emerged in recent years, highlighting the importance of transparency and accuracy in corporate reporting. Such lawsuits not only help to recover losses for investors but also serve as a deterrent to companies that may be tempted to engage in fraudulent activities.
Moreover, the outcome of this lawsuit could have broader implications for the financial industry as a whole, potentially leading to increased scrutiny of financial reporting practices and stricter regulations. This, in turn, could help to protect investors and maintain confidence in the markets.
Conclusion
If you purchased Ready Capital Corporation common stock during the Class Period and believe that you have suffered losses as a result, you may be entitled to compensation. The lead plaintiff deadline is May 5, 2025. Contact Rosen Law Firm today to learn more about your rights and potential remedies.
As investors, we have a responsibility to ensure that the companies we invest in are operating ethically and transparently. The securities class action against Ready Capital Corporation serves as a reminder of the importance of this responsibility and the potential consequences of corporate misconduct. By working together, we can help to protect investors and maintain confidence in the markets.
