#United States #New York #Class Action #Levi & Korsinsky #Red Cat Holdings

Class Action Lawsuit for Red Cat Holdings Investors

Levi & Korsinsky, LLP has announced an important opportunity for those who invested in Red Cat Holdings, Inc. (NASDAQ: RCAT). The law firm is currently spearheading a class action lawsuit designed for investors who have experienced financial losses linked to allegations of securities fraud. If you are among the investors who believe they have been misled regarding the company’s finances or operations, now is the time to act.

About the Lawsuit

The proposed class action specifically targets Red Cat Holdings investors who suffered losses between March 18, 2022, and January 15, 2025. During this period, the lawsuit alleges that the company made misleading statements that resulted in a false representation of its financial health and operational capabilities. Key allegations include:

1. Misrepresentation of the production capacity at the Salt Lake City Facility.
2. Overstated claims regarding the value of the U.S. Army’s Short Range Reconnaissance Program of Record Tranche 2 contract.
3. Material inaccuracies in public statements that misled investors and affected their investment decisions.

These claims raise serious concerns about transparency and accountability that fundamental to investor trust and market integrity.

Next Steps for Affected Investors

If you have experienced financial losses in Red Cat Holdings, it is crucial to act quickly. Investors are encouraged to submit their information to be contacted by a member of the Levi & Korsinsky team. To get involved, you can access the submission form on their official website or reach out directly via email or phone. The deadline to request that the court appoint you as a lead plaintiff is July 22, 2025, but you do not need to serve as a lead plaintiff to participate in recovery efforts.

No Financial Risk to Participate

One of the more appealing aspects of this class action suit is that there are no out-of-pocket costs required from class members. If the suit is successful, investors will be compensated for their losses without needing to pay upfront legal fees. This unique setup allows all affected investors the chance to recover potential losses with minimal risk.

Why Choose Levi & Korsinsky?

With over 20 years of experience, Levi & Korsinsky has established itself as a leading firm in securities litigation. The firm is well-known for its success in recovering hundreds of millions of dollars for investors and has been consistently ranked among the top firms in the United States for securities class actions. Their dedicated team of over 70 professionals are committed to serving clients with expertise and integrity, ensuring that every angle of the case is explored thoroughly.

Contact Information

For more details regarding the lawsuit or to get involved, investors can contact Joseph E. Levi, Esq. or Ed Korsinsky, Esq. at Levi & Korsinsky, LLP. The firm is located at 33 Whitehall Street, 17th Floor, New York, NY 10004. Interested parties can reach them by email at [email protected] or by phone at (212) 363-7500. More information is available on their website, zlk.com.

The window for participation in this class action suit is rapidly closing, so it is imperative for affected investors to act now in order to secure their rights and seek recovery for losses related to Red Cat Holdings.