Bronstein, Gewirtz & Grossman, LLC Investigates Potential Securities Fraud Claims Against Ready Capital Corporation
New York, NY – March 12, 2025
Bronstein, Gewirtz & Grossman, LLC, a prominent securities fraud class action law firm, is investigating potential claims on behalf of purchasers of Ready Capital Corporation (“Ready” or “the Company”) (NYSE:RC). The investigation concerns whether Ready and certain of its officers and directors have violated the federal securities laws.
Background
Ready Capital Corporation is a real estate investment trust (REIT) that focuses on originating, acquiring, and managing commercial loans and other commercial real estate debt investments. The Company’s investment objective is to provide stockholders with a stable stream of income through quarterly dividends and the potential for capital appreciation.
Allegations
The investigation concerns whether Ready and certain of its executives made false and/or misleading statements and/or failed to disclose material information to the investing public. Specifically, the investigation focuses on whether the Company and its executives::
- Engaged in a pattern of misrepresentations or omissions regarding the Company’s financial condition and business prospects;
- Failed to disclose material information about the Company’s exposure to certain risks;
- Failed to implement adequate internal controls to ensure the accuracy and completeness of the Company’s financial statements;
These allegations come amidst a broader trend of heightened scrutiny of the real estate investment trust industry. The Securities and Exchange Commission (SEC) has been increasing its focus on REITs in recent years, and the industry has faced numerous regulatory challenges and investigations.
Impact on Individual Investors
If the investigation reveals that Ready and its executives have engaged in securities fraud, it could have significant consequences for individual investors. Shareholders who purchased Ready securities may be able to recover their losses through a class action lawsuit. These lawsuits can provide a means for investors to hold corporations accountable for misrepresentations and to seek compensation for their financial losses.
Impact on the World
The potential fallout from this investigation could extend beyond the immediate impact on Ready and its investors. The REIT industry as a whole could face increased scrutiny and regulatory pressure if the allegations are proven true. This could lead to a decrease in investor confidence in the industry and a potential downturn in the market for real estate investment trusts.
Conclusion
Bronstein, Gewirtz & Grossman, LLC is committed to ensuring that its clients receive the compensation they are entitled to under the law. The investigation into potential securities fraud claims against Ready Capital Corporation is an important step in this process. If you purchased Ready securities and believe that you may have been impacted by the alleged misconduct, we encourage you to visit bgandg.com/RC to learn more and assist the investigation.
This is not a solicitation for investment. The investigation is ongoing, and the foregoing information is subject to change. If you have any questions or concerns, please contact the firm as soon as possible.
Bronstein, Gewirtz & Grossman, LLC
200 Park Ave, 16th Floor
New York, NY 10166
212-697-1001
