Investors of RCI Hospitality Holdings Urged to Join Class Action Suit by Gross Law Firm

Call to Action for RCI Hospitality Investors

The Gross Law Firm has issued an important notification directed at shareholders of RCI Hospitality Holdings, Inc. (NASDAQ: RICK). Investors who acquired shares during a specified class period are being urged to take action as a class action lawsuit has been initiated, with a key deadline approaching. Shareholders who purchased shares between December 15, 2021, and September 16, 2025, are particularly encouraged to contact the firm regarding potential lead plaintiff appointments.

Allegations Against RCI Hospitality Holdings

The class action claims that during the specified period, RCI Hospitality and its defendants made significant misrepresentations or failed to disclose critical information. The allegations assert that:
1. Tax Fraud: The defendants purportedly engaged in deceitful activities regarding the company's tax responsibilities.
2. Bribery: To conceal tax-related issues, bribery was allegedly employed.
3. Misrepresentation of Risks: Due to these actions, the legitimate legal risks faced by the company were significantly understated.
4. False Statements: The overall business health, operational capabilities, and future prospects were portrayed inaccurately, leading investors to potentially misguided financial decisions.

Importance of Enrollment

Shareholders are advised to act swiftly to register for the class action. Registration is essential as it integrates investors into a monitoring program that provides updates throughout the litigation process. The cutoff date to seek the lead plaintiff position is November 20, 2025. However, being named as lead plaintiff is not a prerequisite for participation in any potential recovery from the case.

How to Register

Interested shareholders can register their details by accessing the dedicated class action page at: RCI Hospitality Class Action Registration. This convenient registration process ensures that investors stay informed regarding the ongoing developments of the lawsuit.

Why Choose Gross Law Firm?

The Gross Law Firm is a reputed class action law firm committed to defending the rights of investors affected by misleading business conduct. Their expertise lies in handling cases wherein companies engage in practices that result in losses for shareholders, such as deceit or fraud. The firm aims to hold companies accountable while striving for fair recovery for affected investors. Their extensive experience and commitment sets them apart as a reliable ally for shareholders facing challenges.

Conclusion

This notification represents a crucial opportunity for RCI Hospitality Holdings' investors to join forces against alleged corporate misconduct. Shareholders are strongly encouraged to register for the class action lawsuit and stay updated on any developments. With the deadline approaching, taking prompt action is essential for those who wish to protect their investment interests. The Gross Law Firm stands ready to assist investors in navigating this complex legal terrain.