READY CAPITAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ready Capital Corporation - RC
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Ready Capital Corporation (RC) is facing a securities class action lawsuit alleging failure to disclose material information during the period of November 7, 2024 to March 2, 2025. The company reported significant financial losses, including a quarterly net loss of $1.80 per share and a full year 2024 net loss of $2.52 per share, which resulted in a 26% stock price decline on March 3, 2025.
March 21, 2025 | 2:15 am
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The lawsuit alleges material information non-disclosure, coinciding with significant financial losses and stock price decline
The lawsuit and financial disclosure suggest potential ongoing financial challenges for Ready Capital, which could negatively impact investor sentiment and stock performance
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100