RCI Hospitality (RICK)
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Shareholders that lost money on RCI Hospitality Holdings, Inc.(RICK) should contact The Gross Law Firm about pending Class Action - RICK
Prnewswire· 2025-11-06 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of RCI Hospitality Holdings, Inc. regarding a class action lawsuit due to allegations of tax fraud and bribery by the company's defendants during the specified class period [1]. Summary by Sections Allegations - The complaint alleges that during the class period from December 15, 2021, to September 16, 2025, the defendants engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of the legal risks facing the company [1]. - As a result of these actions, the defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [1]. Class Action Details - Shareholders who purchased shares of RCI Hospitality Holdings, Inc. during the class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for November 20, 2025 [2]. - Once registered, shareholders will receive updates throughout the lifecycle of the case via portfolio monitoring software [2]. Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].
RICK DEADLINE: ROSEN, HIGHLY REGARDED INVESTOR COUNSEL, Encourages RCI Hospitality Holdings, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - RICK
Newsfile· 2025-11-06 02:17
Core Viewpoint - Rosen Law Firm is encouraging investors of RCI Hospitality Holdings, Inc. who incurred losses exceeding $100,000 during the specified Class Period to secure legal counsel before the lead plaintiff deadline of November 20, 2025 [1][2]. Group 1: Class Action Details - The class action lawsuit pertains to securities purchased between December 15, 2021, and September 16, 2025, and claims that investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][5]. - The lawsuit alleges that the defendants made materially false and misleading statements regarding tax fraud and bribery, which understated the legal risks facing RCI Hospitality and misrepresented the company's business operations and prospects [5]. Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - Rosen Law Firm has a history of successful settlements in securities class actions, including a record settlement against a Chinese company and significant recoveries for investors in previous years [4]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors may choose to remain absent or select their own counsel [7].
RCI Update on Sales of Assets with Estimated Value of Approximately $34 Million
Businesswire· 2025-11-05 17:00
Core Viewpoint - RCI Hospitality Holdings, Inc. is progressing with its "Back to Basics" 5-Year Capital Allocation Plan by selling assets, including a small club business in Harlingen, TX for $600,000 cash and a $180,000 annual lease starting January 1, 2026 [1] Asset Sales - The company has successfully closed the sale of a small club business in Harlingen, TX for $600,000 cash [1] - An annual lease of $180,000 will commence on January 1, 2026, as part of the transaction [1] - Additionally, three non-income producing properties are either under contract or have letters of intent [1]
RCI DEADLINE: ROSEN, THE FIRST FILING FIRM, Encourages RCI Hospitality Holdings, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – RICK
Globenewswire· 2025-11-04 22:25
Core Viewpoint - Rosen Law Firm is reminding investors who purchased RCI Hospitality Holdings, Inc. securities between December 15, 2021, and September 16, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1][5]. Group 1: Class Action Details - Investors who purchased RCI Hospitality securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 20, 2025 [3]. - The lawsuit alleges that defendants made materially false and misleading statements regarding tax fraud and bribery, which understated the legal risks facing RCI Hospitality [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in terms of settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4].
RCI HOSPITALITY CLASS ACTION: Bragar Eagel & Squire, P.C. Reminds Investors of the November 20th Deadline for Filed Class Action Lawsuit Against RCI
Globenewswire· 2025-11-03 22:36
Core Points - A class action lawsuit has been filed against RCI Hospitality Holdings, Inc. (NASDAQ: RICK) for allegedly making materially false and misleading statements regarding tax fraud and bribery [7] - The lawsuit claims that the defendants understated the legal risks facing the company, leading to investor damages when the true details emerged [3] Allegation Details - The lawsuit alleges that defendants engaged in tax fraud and bribery to conceal this fraud [3] - It is claimed that the defendants' statements about the company's business, operations, and prospects were materially false and lacked a reasonable basis [3] Next Steps for Investors - Investors who purchased RCI shares between December 15, 2021, and September 16, 2025, and suffered losses are encouraged to contact the law firm for more information [4] - There is a deadline of November 20, 2025, for investors to apply to be appointed as lead plaintiff in the lawsuit [7]
Investors who lost money on RCI Hospitality Holdings, Inc. (RICK) should contact Levi & Korsinsky about pending Class Action - RICK
Globenewswire· 2025-11-03 21:05
Core Viewpoint - A class action securities lawsuit has been filed against RCI Hospitality Holdings, Inc. alleging securities fraud affecting investors between December 15, 2021, and September 16, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of the legal risks faced by the company [3]. - It is alleged that the defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until November 20, 2025, to request to be appointed as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
November 20, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against RICK
Globenewswire· 2025-10-31 20:05
Core Viewpoint - A class action securities lawsuit has been filed against RCI Hospitality Holdings, Inc. alleging securities fraud affecting investors between December 15, 2021, and September 16, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of the legal risks faced by the company [3]. - It is alleged that the defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until November 20, 2025, to request to be appointed as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages RCI Hospitality Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – RICK
Globenewswire· 2025-10-31 19:31
Core Viewpoint - Rosen Law Firm is reminding investors who purchased RCI Hospitality Holdings, Inc. securities between December 15, 2021, and September 16, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1][5]. Group 1: Class Action Details - Investors who purchased RCI Hospitality securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 20, 2025 [3][5]. - The lawsuit alleges that defendants made materially false and misleading statements, engaged in tax fraud, and committed bribery to cover up the fraud, which resulted in understated legal risks and misleading statements about the company's business and prospects [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4].
RCI Hospitality Holdings INVESTOR ALERT: Kirby McInerney LLP Reminds RCI Hospitality Holdings Investors of Looming Lead Plaintiff Deadline in Class Action Lawsuit
Globenewswire· 2025-10-30 22:00
Core Viewpoint - RCI Hospitality Holdings is facing a securities fraud class action lawsuit following allegations of bribery and tax fraud involving its executives, which has led to a significant decline in its stock price [3][4]. Group 1: Allegations and Impact - On September 16, 2025, New York's Office of the Attorney General indicted RCI executives for allegedly bribing an auditor to evade over $8 million in sales taxes from 2010 to 2024 [3]. - Following the announcement, RCI's share price dropped by $5.53, approximately 16.11%, from $34.32 to $28.79 [3]. Group 2: Lawsuit Details - The class action lawsuit is on behalf of investors who purchased RCI securities from December 15, 2021, to September 16, 2025, alleging that the company made false statements and failed to disclose tax fraud and bribery [4]. - The lawsuit claims that the defendants understated the legal risks associated with the company's actions [4].
RCI Hospitality Holdings, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 20, 2025 to Discuss Your Rights – RICK
Globenewswire· 2025-10-30 19:49
Core Viewpoint - RCI Hospitality Holdings, Inc. is facing a class action lawsuit due to allegations of tax fraud and bribery, which resulted in misleading statements about the company's business and legal risks [3][4]. Summary by Relevant Sections Allegations - The complaint alleges that during the class period from December 15, 2021, to September 16, 2025, the defendants engaged in tax fraud and bribery to conceal this fraud [3]. - It is claimed that these actions led to an understatement of the legal risks facing the company and that the defendants' statements regarding the business, operations, and prospects were materially false and misleading [3]. Class Action Details - Shareholders who purchased shares during the specified class period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1]. - The deadline for shareholders to register for the class action is November 20, 2025, and there is no cost or obligation to participate [4]. Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices, emphasizing the importance of responsible business conduct [5].