Investors of RCI Hospitality Holdings, Inc. Urged to Act Before Class Action Lawsuit Deadline

A Call to Action for RCI Hospitality Investors

On October 23, 2025, The Gross Law Firm released an important announcement regarding RCI Hospitality Holdings, Inc. (NASDAQ: RICK) that has significant implications for current shareholders. Notably, the firm is drawing attention to an ongoing class action lawsuit that could have major ramifications for investors who purchased shares during the stipulated class period.

Important Dates

Shareholders who bought shares of RICK between December 15, 2021, and September 16, 2025, are being asked to consider their participation in this class action. The lead plaintiff deadline is set for November 20, 2025. Failing to register by this date could mean missing out on the opportunity to recover potential losses incurred during the class period.

Allegations Against RCI Hospitality

The lawsuit centers on several serious allegations against RCI Hospitality. According to the complaint, the defendants are accused of making materially false statements and failing to disclose critical information. Specifically, the allegations suggest that:
1. The company engaged in tax fraud.
2. Bribery was utilized to obscure the fraudulent tax practices.
3. As a resultant effect, the legal risks facing RCI were significantly understated.
4. The misleading statements about the business operations tarnished the truth about the company's actual practices and future prospects.

These alleged actions have created an environment ripe for investor deception, resulting in substantial financial repercussions for shareholders.

Next Steps for Investors

For shareholders who wish to join the lawsuit but are unsure of how to proceed, The Gross Law Firm is prepared to assist. By registering on their website, investors will enter into a dedicated monitoring service that will provide real-time updates throughout the lawsuit's duration. This service ensures that you stay informed and have the necessary information as the case unfolds.

Additionally, potential plaintiffs should note that becoming a lead plaintiff is not a prerequisite for participating in the case. This means that you can still benefit from the proceedings without the need for the additional responsibilities that come with being the lead.

Why Choose The Gross Law Firm?

The Gross Law Firm has established a reputation for being a leading advocate for investors and is committed to safeguarding the rights of those injured by deceitful corporate practices. With vast experience in handling class action lawsuits, they focus on holding companies accountable for their actions and protecting investors from unlawful business practices.

Contact Information

For shareholders keen on participating in this class action or for more detailed inquiries, reaching out to The Gross Law Firm is advised. They can be contacted via:

- Email: [email protected]
- Phone: (646) 453-8903
- Address: 15 West 38th Street, 12th floor, New York, NY 10018

The mission of The Gross Law Firm is clear: they seek to ensure that investors have recourse and recovery options when mismanagement and fraud occur, making them a valuable ally in these turbulent times for RCI Hospitality shareholders.

Don’t delay—make sure your voice is heard in this class action before the November 20 deadline. Secure your rights and stand up against corporate wrongdoing today!