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RC Investors Have Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit

  • Rosen Law Firm notifies individuals who purchased Ready Capital Corporation common shares within the specified timeframe from early November 2024 through early March 2025 about an ongoing securities class action lawsuit.
  • The lawsuit arose after defendants allegedly made false or misleading statements and failed to disclose material information about non-performing loans in Ready Capital's commercial real estate portfolio.
  • These non-performing loans were not likely collectible but were not accurately reflected in the company’s credit loss or valuation allowances, affecting Ready Capital's reported financial results.
  • Investors who purchased securities during this period may seek compensation without out-of-pocket fees by moving the Court to serve as lead plaintiff by the May 5, 2025 deadline, with Rosen Law Firm representing interests globally.
  • Rosen Law Firm, ranked in the top four since 2013 and noted for securing over $438 million in settlements in 2019, directs this litigation on behalf of the class to potentially recover investor losses.
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Chatham Star TribuneChatham Star Tribune
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RC Investors Have Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit

NEW YORK, March 12, 2025 /PRNewswire/ -

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The Sentinel broke the news in Carlisle, United States on Wednesday, March 12, 2025.
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