Breaking News: Opportunity for Investors to Lead Securities Fraud Class Action Lawsuit Against Ready Capital Corporation
LOS ANGELES, CA, April 2, 2025
The Law Offices of Frank R. Cruz, a leading national securities litigation firm, announces that investors who have suffered losses in excess of $100,000 from their investments in Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC) have the opportunity to lead the securities fraud class action lawsuit against the Company. The class action alleges that Ready Capital and certain of its top executives violated the Securities Exchange Act of 1934 by making false and misleading statements to the market.
Background on Ready Capital Corporation
Ready Capital is a real estate investment trust (“REIT”) that invests in and finances commercial properties across the United States. The Company’s portfolio consists primarily of first mortgage loans and commercial real estate debt securities. Ready Capital has been publicly traded on the New York Stock Exchange since 2014.
Allegations of Securities Fraud
The class action lawsuit alleges that Ready Capital and certain of its top executives made false and misleading statements to the market regarding the Company’s financial condition and the quality of its loan portfolio. Specifically, the complaint alleges that the defendants failed to disclose material information about the Company’s exposure to distressed properties and the risks associated with those investments. The lawsuit also alleges that the defendants made false and misleading statements about the Company’s loan underwriting standards and the quality of its loan originations.
Impact on Individual Investors
For individual investors who have suffered significant losses from their investments in Ready Capital, this class action lawsuit provides an opportunity for them to seek compensation for their damages. The Law Offices of Frank R. Cruz is committed to helping investors recover their losses and hold the responsible parties accountable for their actions.
Impact on the World
The securities fraud allegations against Ready Capital could have far-reaching implications for the real estate industry and the financial markets as a whole. If the allegations are proven true, it could lead to increased scrutiny of other REITs and real estate investment funds, potentially leading to increased regulatory oversight and increased transparency in the industry. It could also lead to a loss of confidence in the sector, which could negatively impact the prices of other real estate investment securities.
- Individual investors who have suffered significant losses from their investments in Ready Capital may have the opportunity to lead a securities fraud class action lawsuit against the Company and certain of its top executives.
- The Law Offices of Frank R. Cruz is committed to helping investors recover their losses and hold the responsible parties accountable for their actions.
- The allegations of securities fraud against Ready Capital could have far-reaching implications for the real estate industry and the financial markets as a whole.
- If the allegations are proven true, it could lead to increased regulatory oversight and increased transparency in the real estate industry.
- It could also lead to a loss of confidence in the sector, which could negatively impact the prices of other real estate investment securities.
Conclusion
The Law Offices of Frank R. Cruz’s announcement of the opportunity for investors to lead a securities fraud class action lawsuit against Ready Capital Corporation is a significant development for those who have suffered significant losses from their investments in the Company. The allegations of securities fraud could have far-reaching implications for the real estate industry and the financial markets as a whole. The Law Offices of Frank R. Cruz is committed to helping investors recover their losses and hold the responsible parties accountable for their actions.
As the investigation into these allegations continues, it is important for investors to stay informed and seek the advice of qualified securities lawyers if they believe they have been impacted by these actions. The securities fraud team at the Law Offices of Frank R. Cruz is available to answer any questions and provide guidance to investors who may have lost money as a result of the Company’s alleged misconduct.
