Understanding Your Rights as a Ready Capital Corporation Investor: A Comprehensive Guide
Investing in the stock market comes with inherent risks, and even the most carefully chosen investments can sometimes lead to losses. One such investment that has recently come under scrutiny is Ready Capital Corporation (NYSE:RC). If you find yourself in this unfortunate situation, it’s essential to understand your rights under the federal securities laws.
What Happened to Ready Capital Corporation?
Ready Capital Corporation is a business development company (BDC) that invests in and financially sponsors small and middle-market companies. On March 21, 2025, a securities class action lawsuit was filed against Ready Capital Corporation in the United States District Court for the Southern District of New York. The complaint alleges that the company and certain of its executives made false and misleading statements regarding the company’s financial performance, earnings, and business prospects.
What Does This Mean for Ready Capital Corporation Investors?
If you purchased Ready Capital Corporation stock between certain dates and suffered losses as a result, you may be entitled to compensation under the federal securities laws. The Private Securities Litigation Reform Act of 1995 provides a mechanism for investors to recover their losses through class action lawsuits. The lawsuit seeks to recover damages on behalf of all investors who purchased Ready Capital Corporation securities during the relevant period.
How to Participate in the Securities Class Action Lawsuit
To participate in the securities class action lawsuit against Ready Capital Corporation, you must submit a form that includes your transaction details and contact information. You can submit the form online at this link or contact the law firm leading the lawsuit, Bernstein Liebhard LLP, at (877) 779-1414. The deadline to submit your claim is not yet determined, so it’s essential to act promptly.
What Does This Mean for the World?
The securities class action lawsuit against Ready Capital Corporation is just one of many such lawsuits that are filed each year. These lawsuits serve an essential function in the financial markets by providing a means for investors to seek compensation for their losses and holding companies accountable for their actions. While the outcome of any particular lawsuit is never guaranteed, the threat of legal action can often lead companies to take corrective action and improve their business practices.
Conclusion
Losing money on an investment can be a frustrating and disheartening experience. However, it’s essential to remember that you may have legal rights under the federal securities laws. If you purchased Ready Capital Corporation stock and suffered losses, you may be able to recover your damages through a securities class action lawsuit. To learn more and to participate in the lawsuit, submit your claim online or contact the law firm leading the lawsuit. While this lawsuit may not directly affect you outside of your investment, it serves an essential role in maintaining the integrity of the financial markets and holding companies accountable for their actions.
- If you purchased Ready Capital Corporation stock and suffered losses, you may be entitled to compensation under the federal securities laws.
- A securities class action lawsuit was filed against Ready Capital Corporation in the Southern District of New York alleging false and misleading statements.
- To participate in the lawsuit, submit your claim online or contact the law firm leading the lawsuit.
- These lawsuits serve to hold companies accountable and maintain the integrity of the financial markets.
