Important Information for Investors: Securities Class Action Lawsuit Against Ready Capital Corporation
On March 27, 2025, Kahn Swick & Foti, LLC (“KSF”) and its partner, former Attorney General of Louisiana, Charles C. Foti, Jr., issued a reminder to investors regarding a securities class action lawsuit against Ready Capital Corporation (the “Company”) (NYSE:RC).
Details of the Lawsuit
The lawsuit alleges that during the Class Period, which spans from November 7, 2024 to March 2, 2025, the Company made false and misleading statements and failed to disclose material information to the investing public.
Impact on Individual Investors
If you purchased the Company’s shares during the Class Period, you may be eligible to recover your losses, including damages. To be a lead plaintiff, you must meet certain legal requirements. To learn more about your rights and how to join the class action, you are encouraged to contact KSF at 1-877-515-1850 or [email protected], or visit
Global Implications
The outcome of this lawsuit could have significant implications for the financial industry, particularly for companies engaged in real estate investment trusts (REITs). If the allegations of misrepresentation and failure to disclose material information are proven, it could set a precedent for increased scrutiny and potential legal action against other companies in the sector.
Additional Information
According to various online sources, the lawsuit stems from allegations that the Company misrepresented its financial performance and downplayed risks associated with its mortgage investments. These misrepresentations, the lawsuit claims, artificially inflated the Company’s stock price, causing investors to purchase shares at an inflated price.
Conclusion
This securities class action lawsuit against Ready Capital Corporation serves as a reminder to investors to carefully consider the information provided by companies and their executives before making investment decisions. As the case progresses, it will be essential for investors to stay informed about developments and potential implications for the financial industry as a whole.
- Investors who purchased Ready Capital Corporation shares between November 7, 2024 and March 2, 2025, are encouraged to contact KSF to learn more about their potential eligibility to recover losses.
- The outcome of this lawsuit could have significant implications for the financial industry, particularly for companies engaged in real estate investment trusts (REITs).
- Stay informed about developments in the case to understand potential implications for your investments and the financial industry as a whole.
