Investors Encouraged to Join Class Action Against Ready Capital Corporation Amid Securities Violations
Investors Urged to Join Class Action Against Ready Capital Corporation
The DJS Law Group has taken the lead in encouraging shareholders to join a class action lawsuit against Ready Capital Corporation (NYSE: RC). This lawsuit centers on significant allegations of securities law violations, specifically dealing with the company's handling of its commercial real estate (CRE) portfolio. If you purchased Ready Capital's securities between the dates of November 7, 2024, and March 2, 2025, you may be eligible to participate in this potential litigation.
Overview of Allegations
The lawsuit claims that Ready Capital made misleading statements regarding their CRE portfolio, particularly concerning the existence of non-performing loans. According to the complaint, the company's attempts to stabilize its CRE portfolio involved fully reserving these problematic loans without accurately reflecting their expected credit loss in the financial results. The implications of these claims could significantly impact the company's reputation and investor return.
Important Dates for Investors
Investors are advised to contact DJS Law Group before May 5, 2025, to discuss your potential involvement in the case. The law firm specializes in securities class actions and corporate governance litigation, focusing on safeguarding the rights and investments of shareholders. If you have suffered financial losses related to Ready Capital's misstatements, now is the time to explore your legal options.
Why Choose DJS Law Group?
With a strong track record of representing sophisticated clients—including large hedge funds and alternative asset managers—DJS Law Group emphasizes aggressive advocacy and balanced counsel. Their expertise is in securing a fair outcome for investors and addressing grievances stemming from corporate misconduct. Their clients’ litigation claims are treated as valuable assets deserving of focused attention and strategic approach.
What Investors Should Do
For those who believe they qualify, it is vital to reach out for a consultation. The details surrounding your investment and the losses you may have incurred will form the basis of your participation in the lawsuit. Access to expert legal advice can help you navigate the complexities of securities law and ensure that your rights are upheld.
Contact Information
To pursue your legal rights regarding this situation, please contact:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
This lawsuit is a critical opportunity for investors to hold the company accountable for its potential mismanagement of securities and safeguard their investments. Ensure your voice is heard, and take action before the deadline approaches.