RC Investors Encouraged to Join Class Action Against Ready Capital Corporation Securities Lawsuit

Class Action Alert: Ready Capital Corporation Securities Lawsuit

The DJS Law Group has recently issued an important reminder to investors regarding a class action lawsuit against Ready Capital Corporation (NYSE: RC). This suit revolves around alleged violations of federal securities laws, encouraging shareholders to act swiftly before the upcoming deadline for participation.

Background on the Lawsuit

The class action complaint focuses on statements made by Ready Capital that are claimed to be misleading and inaccurate. According to the allegations, the company failed to disclose the extent of issues related to non-performing loans within its commercial real estate portfolio. Investors who purchased the securities during the defined Class Period, from November 7, 2024 to March 2, 2025, are particularly urged to evaluate their standing in light of these developments.

The lawsuit asserts that Ready Capital undertook actions to stabilize its commercial real estate portfolio by reserving loans that should have been fully acknowledged, thereby misrepresenting its financial position to investors. The reaction to these claims has been significant, raising concerns about the company’s transparency and governance practices.

Understanding Your Rights

In light of the allegations, the DJS Law Group emphasizes the importance of understanding your rights as an investor. If you suffered a loss during the specified time frame, you have legal avenues at your disposal to potentially recover damages. The DJS Law Group, known for its focus on securities class actions and corporate governance litigation, aims to provide viable solutions and aggressive representation for investors.

The Role of DJS Law Group

DJS Law Group has established itself as a leader in securities law, working with prominent hedge funds and asset managers. Their commitment is to enhance investor returns through diligent legal efforts and advocacy. As a shareholder, participating in this lawsuit could present an opportunity for recourse against the financial harm you may have experienced due to the company’s alleged misconduct.

Next Steps for Investors

The deadline for shareholder participation in the class action is set for May 5, 2025. Interested investors are encouraged to reach out to the DJS Law Group at the provided contact information. Potential class members should be aware of their rights and possible claims that may arise from the case.

Contact Information

For more information, investors should contact:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: info@djlawgroup.com

This is a critical moment for RC investors as legal proceedings may pave the way for accountability. It’s vital to stay informed and proactive in securing your rights in this matter. The DJS Law Group stands ready to assist investors in navigating the complexities of this lawsuit, ensuring that their interests are protected and advocated for vigorously.