RCI Hospitality Holdings, Inc. Securities Fraud Class Action: An Opportunity for Investors

RCI Hospitality Holdings, Inc. Faces Class Action Lawsuit for Alleged Securities Fraud

In a significant move for shareholders of RCI Hospitality Holdings, Inc. (NASDAQ: RICK), the Schall Law Firm has announced a class action lawsuit that aims to address violations of securities laws by the company. This lawsuit serves as a crucial juncture for those who purchased RCI securities during a specified period, as they may be eligible to seek compensation for their financial losses.

Background of the Case

On November 18, 2025, the Schall Law Firm, specialized in shareholder rights litigation, reminded affected investors about this opportunity to participate in a class action lawsuit against RCI Hospitality. The class action pertains to alleged violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Securities and Exchange Commission Rule 10b-5.

The lawsuit targets those who purchased RCI's securities between December 15, 2021, and September 16, 2025. Investors are encouraged to contact the firm by November 20, 2025, to explore their options regarding participation in the lawsuit. Those who suffered losses during this period are urged to consider this timely opportunity to potentially recover their investments.

Allegations Against RCI

According to the complaint filed against RCI Hospitality, the company allegedly engaged in a bribery scheme to obscure its unauthorized activities related to taxation. This misconduct led to public statements that were later revealed to be false and misleading about the company’s operations and financial health. When the true nature of these activities came to light, investors incurred substantial losses as the stock's value plummeted.

The Schall Law Firm emphasizes the importance of timely action for investors, as participation in the lawsuit could allow them to recover losses that were a direct result of RCI's misleading actions. The firm is well-versed in securities class action lawsuits and aims to represent the interests of investors worldwide.

How to Participate

Shareholders interested in joining the class action can interact with the Schall Law Firm through multiple channels. They can reach out via telephone or visit the firm’s website for additional information. It's essential to note that the class has not yet received certification. Therefore, until such status is granted, interested investors are not formally represented by an attorney in this matter.

Brian Schall, the firm's lead attorney, offers free consultations to discuss the rights and potential next steps for involved investors. The firm encourages those affected not to wait and to take action as soon as possible.

In conclusion, this class action lawsuit presents a pivotal chance for investors who have experienced losses due to the alleged fraudulent activities of RCI Hospitality Holdings, Inc. By joining forces with the Schall Law Firm, they can pursue a collective recovery effort aimed at holding the company accountable for its actions that led to significant financial repercussions.

For those who believe they may qualify for this class action, now is the time to act and ensure their voices are heard.