#United States #New York #Class Action #Levi Korsinsky #RCI Hospitality

Class Action Lawsuit Against RCI Hospitality Holdings, Inc.

On November 4, 2025, Levi & Korsinsky LLP announced a class action lawsuit involving RCI Hospitality Holdings, Inc. (NASDAQ: RICK). This legal action aims to represent investors who have faced losses tied to alleged securities fraud from December 15, 2021, to September 16, 2025. Investors in RCI Hospitality Holdings are encouraged to join the lawsuit and seek potential compensation for their losses.

Case Details

The crux of the lawsuit revolves around claims that the defendants engaged in fraudulent practices that negatively impacted the company’s investors. Specifically, the allegations brought to light include tax fraud and bribery aimed at concealing these illicit actions. The complaint asserts that these deceptive practices led to an underestimation of the legal risks associated with the company, causing the statements made by RCI Hospitality regarding its business operations and future prospects to be misleading and materially false.

Steps for Interested Investors

If you are an investor who has suffered financial setbacks due to the aforementioned fraudulent activities, you have until November 20, 2025, to file for participation as a lead plaintiff in this class action. Importantly, taking on the role of a lead plaintiff is not a requirement for investors to partake in any recoveries that might arise from this lawsuit. Interested parties can contact the law firm directly for more detailed guidance on how to proceed.

How to Get Involved

To join the lawsuit or to request further information, potential class members should visit the law firm's dedicated webpage or contact Joseph E. Levi, Esq., via email at [email protected] or by phone at (212) 363-7500. The law firm emphasizes that there are no out-of-pocket costs for class members; participation in the class action does not require any initial fees or obligations.

Levi & Korsinsky's Reputation

Levi & Korsinsky LLP boasts a strong track record in representing shareholders in complex securities class actions. Over the last two decades, the firm has garnered hundreds of millions in settlements for affected investors and is recognized among the top securities litigation firms in the United States as per ISS Securities Class Action Services. The firm’s experienced team of over 70 employees is dedicated to advocating for the rights of shareholders and ensuring they receive the compensation they are entitled to following instances of fraud.

Looking Ahead

As the filing deadline approaches, RCI Hospitality investors are urged to consider their options carefully. The class action provides an opportunity for affected investors to seek justice and reparation for their losses without incurring upfront costs. Whether you choose to join as a lead plaintiff or as a participating member, the firm stands ready to support your claim and advocate on your behalf.

In conclusion, should you believe your investments have been adversely affected by the allegations outlined in this lawsuit, do not hesitate to reach out for further guidance. This is an essential step to ensure your rights are protected and your voice is heard in the legal proceedings that are set to unfold against RCI Hospitality Holdings, Inc.