#USA #New York #Class Action #The Gross Law Firm #Red Cat Holdings

Shareholder Alert: Red Cat Holdings, Inc. Class Action Lawsuit

In an important notice to investors, The Gross Law Firm has urged shareholders of Red Cat Holdings, Inc. (NASDAQ: RCAT) who incurred losses to participate in a pending class action. This legal action aims to address claims regarding misleading statements made by the company that contributed to significant financial losses for its shareholders.

Allegations Against Red Cat Holdings

The complaints assert that, within the class period of March 18, 2022, to January 15, 2025, the company and its executives issued misleading statements about the Salt Lake City facility’s production capacity. Furthermore, it is claimed that the public statements made regarding the value of the U.S. Army's Short Range Reconnaissance Program of Record Tranche 2 contract were grossly exaggerated. As a result, shareholders argue these inaccurate disclosures inflated the company's stock value, negatively impacting their investments.

Taking Action: Register by July 22, 2025

Shareholders who bought shares during the specified timeframe are strongly encouraged to contact The Gross Law Firm to consider enrolling as potential lead plaintiffs in the case. According to the firm, registration is crucial and can be completed through their online loss submission form. The registration deadline is set for July 22, 2025. By registering, shareholders not only position themselves to seek potential recovery but also gain access to a portfolio monitoring software that provides updates regarding the case's progress.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its commitment to protecting the rights of investors. Their mission revolves around addressing issues related to deceitful practices in corporate governance. For investors affected by misleading statements or by the omission of vital information, the firm aims to hold these companies accountable and seek damages on their behalf. Their legal expertise in class action lawsuits places them in a strong position to represent investors pursuing justice and recovery from their losses.

Next Steps for Affected Shareholders

If you were a shareholder of Red Cat Holdings during the stated class period and believe you have a valid claim, it's essential to act promptly. Here are the steps:
1. Visit the Registration Link: Go to The Gross Law Firm's registration page to fill out the necessary information.
2. Complete the Registration: Ensure that your submission is made before the deadline of July 22, 2025.
3. Stay Informed: After registration, keep an eye on your email for updates regarding the case. The monitoring software will help you track any developments.

Contact Information

For further inquiries, or if you're unsure of your eligibility, you can contact The Gross Law Firm:

• - Address: 15 West 38th Street, 12th floor, New York, NY 10018
• - Email: contact@securitiesclasslaw.com
• - Phone: (646) 453-8903

Conclusion

This class-action lawsuit presents an opportunity for Red Cat Holdings shareholders to regain losses incurred due to alleged wrongful practices. By joining forces, impacted investors can make their voices heard and pursue the financial redress they deserve.