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

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$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].