READY CAPITAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Ready Capital Corporation - RC

Core Viewpoint - Investors have until May 5, 2025, to file lead plaintiff applications in securities class action lawsuits against Ready Capital Corporation for failing to disclose material information during the class period from August 8, 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 dropped over 26$5.07 per share on March 3, 2025, with unusually heavy trading volume [5] Legal Context - The lawsuits allege that Ready Capital and certain executives violated federal securities laws by not disclosing material information during the class period [3] - The first-filed case is Quinn v. Ready Capital Corporation, et al., and a subsequent case, Goebel v. Ready Capital Corporation, et al., expanded the class period [5] Law Firm Background - Kahn Swick & Foti, LLC is a prominent boutique securities litigation law firm, ranked among the top 10 firms nationally based on total settlement value [5]