#USA #New York #Securities Fraud #Pomerantz Law #RCI Hospitality

Pomerantz Law Firm Issues Investor Alert on RCI Hospitality Holdings

Date: October 3, 2025
Source: Pomerantz LLP

Pomerantz LLP has officially announced the initiation of a class action lawsuit against RCI Hospitality Holdings, Inc. (ticker symbol: RICK). Investors who have suffered losses from their investments in RCI are encouraged to reach out to the firm as the case progresses. The lawsuit primarily claims that the company and certain officers may have participated in securities fraud or engaged in illicit business practices.

Class Action Details

Investors are being advised to act promptly, as the deadline to apply for Lead Plaintiff status is approaching. If you purchased RCI securities during the specified Class Period, you must take steps by November 20, 2025, to be considered for the role of Lead Plaintiff by the Court. Further details about the complaint are accessible on Pomerantz’s official website—a vital resource for those impacted by this situation.

On September 16, 2025, noteworthy developments emerged when the New York's Office of the Attorney General announced the indictment of several high-ranking RCI executives. This indictment alleged that RCI's leadership bribed an auditor affiliated with the New York Department of Taxation and Finance (DTF) to avoid paying more than $8 million in sales taxes to both New York City and the state. Following this revelation, RCI's stock experienced a significant decline, plummeting by $25.80 per share (24.83%) within two trading sessions, closing at $25.80 on September 17, 2025.

About Pomerantz LLP

Pomerantz LLP is recognized as a leading law firm specializing in corporate securities and antitrust litigation. Founded by the renowned Abraham L. Pomerantz, often referred to as the dean of the class action bar, the firm has maintained its commitment to representing the rights of victims affected by securities fraud, breaches of fiduciary duty, and corporate wrongdoing for over 85 years. Pomerantz has successfully secured significant compensation for numerous clients, reflecting its standing in the legal world. More information can be found on their website at www.pomlaw.com.

Contact Information

For any inquiries regarding this lawsuit, affected investors can get in touch with Danielle Peyton at Pomerantz LLP via email or phone. Investors are encouraged to send their contact details and the number of shares purchased for effective communication during this legal process.

• - Email: [email protected]
• - Phone: 646-581-9980 (ext. 7980, toll-free: 888.4-POMLAW)

Conclusion

In conclusion, this class action lawsuit against RCI Hospitality Holdings underscores serious allegations of misconduct within the company’s management. Investors who believe they have incurred losses should not hesitate to explore their options as deadlines to join the class action loom. Pomerantz LLP remains dedicated to holding companies accountable for their actions in the financial markets.