Home » RC INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Ready Capital Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

RC INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Ready Capital Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

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SAN DIEGO, March 10, 2025 (GLOBE NEWSWIRE) — The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Ready Capital Corporation (NYSE:RC) common stock between November 7, 2024 and March 2, 2025, both dates inclusive (the “Class Period”), have until May 5, 2025 to seek appointment as lead plaintiff of the Ready Capital class action lawsuit. Captioned Quinn v. Ready Capital Corporation, No. 25-cv-01883 (S.D.N.Y.), the Ready Capital class action lawsuit charges Ready Capital and certain of Ready Capital’s top executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Ready Capital class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-ready-capital-corporation-class-action-lawsuit-rc.html

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.

CASE ALLEGATIONS: Ready Capital operates as a real estate finance company.

The Ready Capital class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) significant non-performing loans in its commercial real estate (“CRE”) portfolio were not likely to be collectible; (ii) Ready Capital would fully reserve these …

Full story available on Benzinga.com

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