Ready Capital Corporation (RC) Faces Securities Class Action Over Concealing Loan Portfolio Risks - Hagens Berman
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Ready Capital Corporation (RC) is facing a securities class action lawsuit for allegedly concealing risks in its loan portfolio, following the release of poor financial results.
March 18, 2025 | 11:30 am
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Ready Capital Corporation is facing a securities class action lawsuit for allegedly hiding risks in its loan portfolio, which was revealed after poor financial results.
The lawsuit against Ready Capital for allegedly concealing loan portfolio risks is likely to negatively impact investor confidence and the company's stock price in the short term. Legal issues often lead to increased scrutiny and potential financial liabilities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100