Important Notice to Shareholders of Ready Capital Corporation
New York, NY – March 26, 2025
The Gross Law Firm, a leading securities fraud law firm, today issued a notice to shareholders of Ready Capital Corporation (NYSE: RC) regarding a potential securities class action. The notice comes following allegations of potential misconduct related to the company’s financial reporting and business practices.
Background
Ready Capital Corporation is a real estate investment trust (REIT) that focuses on providing financing for small balance commercial properties. The company has been publicly traded on the New York Stock Exchange (NYSE) since 2014.
Allegations and Investigation
According to the notice, The Gross Law Firm is investigating potential securities fraud claims against Ready Capital Corporation and certain of its officers and directors. The investigation stems from allegations that the company may have engaged in misconduct related to its financial reporting and business practices.
Impact on Shareholders
The notice advises shareholders that if they purchased Ready Capital Corporation securities between certain dates, they may be able to recover their losses through the securities class action. The exact dates and further details regarding the potential class action are yet to be determined.
Impact on the World
The potential misconduct at Ready Capital Corporation is a reminder of the importance of transparency and accuracy in financial reporting. Misconduct of this nature can erode investor confidence and negatively impact the reputation of the entire financial industry.
Next Steps
The Gross Law Firm encourages shareholders to contact them directly with any information or documents related to the investigation. The notice also advises shareholders to keep any records related to their transactions in Ready Capital Corporation securities.
Conclusion
The potential securities fraud investigation against Ready Capital Corporation is a significant development for the company and its shareholders. The investigation underscores the importance of accurate financial reporting and the potential consequences of misconduct. Shareholders are encouraged to stay informed and seek legal counsel if they believe they may be impacted by the investigation.
- The Gross Law Firm is investigating potential securities fraud claims against Ready Capital Corporation.
- The investigation stems from allegations of potential misconduct related to the company’s financial reporting and business practices.
- Shareholders who purchased Ready Capital Corporation securities between certain dates may be able to recover their losses through the securities class action.
- The potential misconduct at Ready Capital Corporation is a reminder of the importance of transparency and accuracy in financial reporting.
- Shareholders are encouraged to stay informed and seek legal counsel if they believe they may be impacted by the investigation.
