Important Notice for Ready Capital Corporation Shareholders
New York, March 31, 2025 – The Gross Law Firm, a leading national shareholder rights law firm, issues the following notice to all persons who purchased shares of Ready Capital Corporation (NYSE: RC) during the period from August 1, 2023, to November 30, 2023.
Class Action Lawsuit Filed Against Ready Capital Corporation
The Gross Law Firm announces that a class action lawsuit has been 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 its officers violated the Securities Exchange Act of 1934 by making materially false and misleading statements and omissions regarding the Company’s business, operations, and financial condition.
Possible Lead Plaintiff Appointment
If you are a shareholder who purchased shares of Ready Capital Corporation (RC) during the class period and wish to serve as lead plaintiff, you may, no later than May 15, 2025, request that the Court appoint you as lead plaintiff by contacting the Gross Law Firm. Do not delay in contacting us if you believe that you have a claim. You may retain counsel of your choice to represent you in this action.
Impact on Individual Shareholders
The filing of this class action lawsuit may negatively impact the market price of Ready Capital Corporation’s common stock. As a shareholder, you may have legal rights and options. If you purchased shares of RC during the class period, you may be able to recover your losses, including out-of-pocket transaction costs. The Gross Law Firm encourages you to contact us for a free consultation to discuss your legal rights and options.
Impact on the World
The impact of this class action lawsuit on the world may depend on various factors, such as the outcome of the litigation, the size of the damages awarded, and the Company’s response. However, the filing of this lawsuit may send a message to other publicly traded companies about the importance of transparency and accuracy in their financial reporting.
Conclusion
The Gross Law Firm reminds investors that the filing of this class action lawsuit is not a guarantee of any recovery, and there can be no assurance that the Company will be found liable or that damages will be awarded. However, shareholders who purchased shares of Ready Capital Corporation during the class period may have legal rights and options. If you wish to discuss this matter further, please contact The Gross Law Firm as soon as possible.
- The Gross Law Firm has filed a class action lawsuit against Ready Capital Corporation.
- Shareholders who purchased shares during the class period are encouraged to contact the firm.
- The lawsuit alleges violations of the Securities Exchange Act of 1934.
- Individual shareholders may be able to recover losses, including transaction costs.
- The lawsuit may send a message to other publicly traded companies about the importance of transparency.
