Securities Litigation: Discussing Options for Investors Affected by Ready Capital
Investors who have incurred losses due to their investment in Ready Capital may be entitled to compensation. James (Josh) Wilson, a partner at Faruqi & Faruqi, LLP’s securities litigation group, is urging these investors to contact him directly to discuss their potential legal options.
Background on Ready Capital
Ready Capital is a publicly-traded business development company (BDC) that invests in and finances small and middle-market companies. The company’s investment activities are primarily focused on debt securities and equity investments. However, recent reports have raised concerns about the company’s business practices and financial reporting.
Investor Allegations
Investors have filed a class-action lawsuit against Ready Capital, alleging that the company made false and misleading statements regarding its financial condition and business operations. Specifically, the lawsuit alleges that Ready Capital failed to disclose material information about its investment portfolio, including the level of non-performing loans and the impairment of certain investments. This misrepresentation, it is claimed, artificially inflated the company’s stock price.
Potential Legal Options for Investors
Investors who purchased Ready Capital securities between certain dates may be able to recover their losses through a securities class action lawsuit. The case is currently in the early stages, and investors are encouraged to contact an experienced securities litigation attorney to discuss their potential claims. By joining a securities class action lawsuit, investors can collectively pursue justice and potentially recover damages.
Impact on Individual Investors
For individual investors, the potential impact of a securities class action lawsuit against Ready Capital could be significant. If the lawsuit is successful, investors may be eligible to receive compensation for their losses. This can help offset the financial harm caused by the company’s alleged misrepresentations.
Impact on the Wider World
The outcome of the Ready Capital securities lawsuit could have broader implications for the securities industry as a whole. If the case is successful, it may deter other companies from engaging in similar misconduct and send a strong message that investors will not be left uncompensated when companies make false or misleading statements about their financial condition.
Contacting Faruqi & Faruqi, LLP
If you invested in Ready Capital and believe you may have a potential claim, it is important to act quickly. Contact James (Josh) Wilson at Faruqi & Faruqi, LLP directly to discuss your potential legal options. With extensive experience in securities litigation, the firm can help you understand your rights and pursue the compensation you may be entitled to.
- Contact Faruqi & Faruqi, LLP at 212-983-9330 or 877-247-4292
- Email the firm at [email protected]
Don’t wait – your time to file a claim may be limited. Contact Faruqi & Faruqi, LLP today to discuss your potential claims and protect your investment.
Conclusion
Investors who have incurred losses due to their investment in Ready Capital may be entitled to compensation. If you believe you have a potential claim, contact Faruqi & Faruqi, LLP’s securities litigation group, led by partner James (Josh) Wilson, to discuss your options. With extensive experience in securities litigation, the firm can help you understand your rights and pursue the compensation you may be entitled to. Don’t wait – act now to protect your investment.
The outcome of this securities lawsuit could have far-reaching implications for the securities industry, sending a strong message that investors will not be left uncompensated when companies make false or misleading statements about their financial condition. Contact Faruqi & Faruqi, LLP today to discuss your potential claims and protect your investment.
