Important Information for Investors of Ready Capital Corporation
New York, NY – March 29, 2025
Rosen Law Firm, a leading global investor rights law firm, reminds purchasers of common stock of Ready Capital Corporation (NYSE: RC) between November 7, 2024 and March 2, 2025, both dates inclusive (the “Class Period”), of the important May 5, 2025 lead plaintiff deadline.
What is a Securities Class Action Lawsuit?
A securities class action lawsuit is a type of litigation where a large group of investors, represented by the lead plaintiff, alleges that they have been harmed by the false or misleading statements made by a publicly traded company and its officers or directors. The lead plaintiff acts on behalf of the class, which includes all purchasers of the company’s securities during the class period. The goal of the lawsuit is to recover damages for the class members.
Why is Rosen Law Firm involved?
Rosen Law Firm is a global investor rights law firm with offices in New York, London, and Tel Aviv. The firm has a proven track record of successfully prosecuting securities class actions and recovering significant damages for its clients. The firm is currently investigating potential securities fraud claims against Ready Capital Corporation.
What Allegations are Being Made Against Ready Capital Corporation?
The complaint alleges that during the Class Period, Ready Capital Corporation and certain of its officers and directors made false and/or misleading statements and/or failed to disclose material adverse facts about the company’s business, operations, and financial condition. Specifically, the complaint alleges that the defendants failed to disclose that the company was experiencing significant declines in its loan origination volumes and loan quality, which would negatively impact its earnings and financial condition.
What Should I Do if I Purchased Ready Capital Corporation Common Stock During the Class Period?
If you purchased common stock of Ready Capital Corporation during the Class Period, you may be entitled to compensation. The lead plaintiff deadline is May 5, 2025. To obtain additional information, you may contact the Rosen Law Firm by calling (212) 686-1061 or emailing [[email protected]](mailto:[email protected]).
How Will This Affect Me?
If the allegations against Ready Capital Corporation are proven true, investors who purchased the company’s common stock during the Class Period may be able to recover damages. The exact amount of damages that may be recovered will depend on the specific facts and circumstances of each case.
How Will This Affect the World?
The outcome of this lawsuit could have significant implications for the financial industry as a whole. It could serve as a reminder to publicly traded companies to provide accurate and timely information to their investors. It could also result in increased scrutiny of the loan origination industry and potentially lead to new regulations or industry standards.
Conclusion
If you purchased common stock of Ready Capital Corporation during the Class Period and believe that you may be entitled to compensation, it is important to act quickly. The lead plaintiff deadline is May 5, 2025. Contact the Rosen Law Firm today to learn more about your options and protect your investor rights.
- Rosen Law Firm is investigating potential securities fraud claims against Ready Capital Corporation.
- The complaint alleges that the company and certain of its officers and directors made false and/or misleading statements during the Class Period.
- The lead plaintiff deadline is May 5, 2025.
- If the allegations are proven true, investors may be able to recover damages.
- The outcome of the lawsuit could have significant implications for the financial industry.
