Levi & Korsinsky, Ready Capital securities class action notice SDNY §10b/§20a
Archived source: Levi & Korsinsky, Ready Capital securities class action notice SDNY §10b/§20a. Captured from zlk.com.
Cited in: Thomas Capasse
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Join Ready Capital Corporation Class Action Lawsuit: RC Lawsuit Sign Up Form Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Ready Capital Corporation (NYSE: RC) securities. If you suffered a loss on your Ready Capital investment and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates. THE LAWSUIT: Aug 08 2024 - Mar 02 2025 CASE DETAILS: The filed complaint alleges that Ready Capital Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) significant non-performing loans in its CRE portfolio were not likely to be collectible; (2) Ready Capital would fully reserve these problem loans in order to “stabilize” its CRE portfolio; (3) this was not accurately reflected in Ready Capital’s current expected credit loss or valuation allowances; (4) as a result, the Company’s financial results would be adversely affected; and (5), as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Check Eligibility ✓ Free case evaluation ✓ No cost or obligation ✓ See if you qualify Or contact us directly: (212) 363-7500 [email protected] Never Miss Another Deadline Choose your preferred way to stay informed of new case launches and settlement deadlines. Scan the QR code or click the button to join. Join on WhatsApp Contact us directly [email protected] (212) 363-7500 Step 1 of 3 Quick First Step Please provide your address so we can contact you about your case if eligible. Step 2 of 3 Add Your Transactions Input your stock purchases and sales Step 2 of 3 Certification of Plaintiff Pursuant to Federal Securities Laws Step 3 of 3 Upload Your Stock Tickers Connect with SnapTrade to let us the stocks you own. This is an optional step to keep you. informed about class action litigation. ✓ Fast: takes less than a min ✓ We do not create an attorney-client relationship ✓ Your information is confidential & secure
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