Class Action Lawsuit Filed Against Ready Capital Corporation: What Does It Mean for Investors and the World?
Los Angeles, CA – In a significant development for the investment community, The Schall Law Firm, a renowned national shareholder rights litigation firm, announced a class action lawsuit against Ready Capital Corporation (“Ready Capital” or “the Company”) (NYSE: RC) on March 26, 2025. The lawsuit alleges that Ready Capital violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Background of the Lawsuit
According to the complaint, investors who purchased Ready Capital’s securities between November 7, 2024, and March 2, 2025, inclusive (the “Class Period”), may be eligible to join the class action lawsuit. The lawsuit alleges that Ready Capital made false and misleading statements regarding its financial condition and business operations.
Impact on Individual Investors
If you purchased Ready Capital securities during the Class Period, you may be able to recover your losses, plus certain out-of-pocket costs. You can contact The Schall Law Firm to discuss your recovery options. The firm represents its clients on a contingency fee basis and advances the costs of litigation, meaning you pay nothing unless the case is successful.
Global Implications
Beyond the immediate impact on Ready Capital shareholders, this lawsuit highlights the importance of transparency and accuracy in corporate reporting. Shareholder lawsuits can help restore investor confidence and hold companies accountable for misrepresentations. Moreover, such lawsuits can lead to regulatory action and increased scrutiny of corporate practices.
Further Information
For more information about The Schall Law Firm, including its contact information, please visit its website at
Conclusion
The class action lawsuit against Ready Capital Corporation serves as a reminder of the importance of accurate corporate reporting and the potential consequences of misrepresentations. As an investor, it is crucial to stay informed about the companies in which you invest and to seek professional advice when necessary. By holding companies accountable for their actions, shareholder lawsuits can help promote transparency and fairness in the investment world.
- Ready Capital Corporation faces a class action lawsuit alleging securities violations.
- Investors who purchased the Company’s securities between November 7, 2024, and March 2, 2025, are encouraged to contact The Schall Law Firm before May 5, 2025.
- The lawsuit could result in financial recovery for eligible investors and increased scrutiny of corporate reporting practices.
- Individual investors and the global investment community are impacted by this development.
