RC IMPORTANT DEADLINE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Ready Capital Corporation Investors to Secure Counsel Before Important May 5 Deadline in Securities Class Action – RC

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Ready Capital Corporation common stock during the specified Class Period of the upcoming lead plaintiff deadline on May 5, 2025 [1]. Group 1: Class Action Details - Investors who bought Ready Capital securities between November 7, 2024, and March 2, 2025, 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 May 5, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Ready Capital - The lawsuit alleges that during the Class Period, Ready Capital made false and misleading statements regarding significant non-performing loans in its commercial real estate portfolio, which were not likely to be collectible [5]. - It is claimed that Ready Capital would fully reserve these problem loans to stabilize its portfolio, which was not accurately reflected in its expected credit loss or valuation allowances [5]. - As a result of these issues, Ready Capital's financial results were adversely affected, and the positive statements made by the defendants about the company's business and prospects were materially misleading [5].