Ready Capital (RC)

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Ready Capital Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before May 5, 2025 to Discuss Your Rights – RC
GlobeNewswire News Room· 2025-03-31 17:24
Shareholders who purchased shares of RC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Ready Capital Corporation (NYSE: RC). DEADLINE: May 5, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securi ...
Contact The Gross Law Firm by May 5, 2025 Deadline to Join Class Action Against Ready Capital Corporation(RC)
Prnewswire· 2025-03-31 09:45
NEW YORK, March 31, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ready Capital Corporation (NYSE: RC). Shareholders who purchased shares of RC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ready-capital-corporation-loss-submission-form/?id=139417&from=4 CLASS PERIOD: No ...
RC REMINDER: Suffer Losses on Ready Capital? Contact BFA Law by May 5 Class Action Deadline
GlobeNewswire News Room· 2025-03-28 12:18
NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ready Capital Corporation (NYSE: RC) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Ready Capital, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ready-capital-corporation. Investors have until May 5, 2025, to ask the Court to ...
READY CAPITAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ready Capital Corporation – RC
GlobeNewswire News Room· 2025-03-27 18:43
Core Viewpoint - Investors in Ready Capital Corporation have until May 5, 2025, to file lead plaintiff applications in a securities class action lawsuit due to alleged failure to disclose material information during the class period from November 7, 2024, to March 2, 2025 [1][3]. Company Financials - Ready Capital reported a quarterly net loss of $1.80 per share and a full year 2024 net loss of $2.52 per share, attributed to actions taken to stabilize its balance sheet, including reserving $284 million for nonperforming loans [4]. - Following the financial results announcement, Ready Capital's share price fell over 26% to close at $5.07 per share on March 3, 2025, with unusually high trading volume [5]. Legal Context - The lawsuit against Ready Capital and certain executives is based on allegations of violating federal securities laws by not disclosing significant information during the specified class period [3]. - The case is officially titled Quinn v. Ready Capital Corporation, et al., No. 25-cv-1883 [5]. Investor Resources - ClaimsFiler provides resources for investors to recover funds from securities class action settlements, including free registration for information access and legal evaluations [6].
Levi & Korsinsky Notifies Ready Capital Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – RC
GlobeNewswire News Room· 2025-03-27 17:04
Core Viewpoint - A class action securities lawsuit has been filed against Ready Capital Corporation, alleging securities fraud that negatively impacted investors between November 7, 2024, and March 2, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that Ready Capital made false statements regarding significant non-performing loans in its commercial real estate (CRE) portfolio, which were not likely to be collectible [2]. - It is alleged that Ready Capital intended to fully reserve these problematic loans to stabilize its CRE portfolio, but this was not accurately reflected in the company's expected credit loss or valuation allowances [2]. - As a result of these actions, the company's financial results were adversely affected, and the positive statements made by the defendants about the company's business and prospects were misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 5, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
Waterfall Asset Management Appoints Keerthi Raghavan as Co-Chief Investment Officer
Prnewswire· 2025-03-27 14:59
Core Viewpoint - Waterfall Asset Management has appointed Keerthi Raghavan as Co-Chief Investment Officer, enhancing its leadership team to oversee investment activities [1][2] Company Overview - Waterfall Asset Management is an alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, and real assets [4] - The firm was founded in 2005 and employs a relative value approach for sourcing and investing across 60+ sectors in the asset-based finance arena [4] - As of December 31, 2024, Waterfall managed approximately $12.5 billion in assets [4] Leadership Changes - Keerthi Raghavan, who joined Waterfall in 2014, has been promoted to Co-CIO alongside Brian Rebello [1][2] - Patrick Lo, the current Co-CIO, is resigning after 19 years with the firm, and his contributions have been acknowledged by the firm's founders [2] - Keerthi Raghavan has over 16 years of industry experience and previously held a director position at Barclays Capital [2] Key Personnel - Brian Rebello, the other Co-CIO, has over 25 years of industry experience and joined Waterfall in 2010 [3] - Both Co-CIOs hold advanced degrees and have significant backgrounds in finance and investment management [3]
The Gross Law Firm Reminds Ready Capital Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - RC
Prnewswire· 2025-03-27 09:45
NEW YORK, March 27, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ready Capital Corporation (NYSE: RC).Shareholders who purchased shares of RC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/ready-capital-corporation-loss-submission-form/?id=138834&from=4 CLASS PERIOD: Novem ...
Faruqi & Faruqi Reminds Ready Capital Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 – RC
GlobeNewswire News Room· 2025-03-26 20:04
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Ready Capital To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Ready Capital between November 7, 2024 and March 2, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 26, 2 ...
Ready Capital Corporation Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before May 5, 2025 to Discuss Your Rights – RC
GlobeNewswire News Room· 2025-03-26 15:24
NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Ready Capital Corporation (NYSE: RC). Shareholders who purchased shares of RC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ready-capital-corporation-loss-submission-form/?id=138524&from=3 CLASS PERIO ...
RC INVESTOR ALERT: Ready Capital Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-03-25 15:40
SAN DIEGO, March 25, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Ready Capital Corporation (NYSE: RC) common stock between November 7, 2024 and March 2, 2025, inclusive (the "Class Period"), have until Monday, May 5, 2025 to seek appointment as lead plaintiff of the Ready Capital class action lawsuit. Captioned Quinn v. Ready Capital Corporation, No. 25-cv-01883 (S.D.N.Y.), the Ready Capital class action lawsuit charges Ready Capital and c ...