Workflow
Rogers Communications(RCI)
icon
Search documents
RCI Acquires 821,000 Shares from ADW Capital Partners, L.P.
Businesswire· 2025-11-21 17:45
Core Points - RCI Hospitality Holdings, Inc. has acquired 821,000 shares from ADW Capital Partners for $30.0 million, translating to $36.54 per share, with $8.0 million in cash and $22.0 million in seller financing at 12% [1] - The acquisition reduces RCI's share count by approximately 9.5%, bringing the total outstanding shares to about 7,850,000 [4] - The transaction aligns with RCI's Capital Allocation Plan, aiming to reduce shares to 7.5 million by fiscal year 2030, and is expected to be accretive to free cash flow per share from day one [4] Company Overview - RCI Hospitality Holdings, Inc. operates over 60 locations and is a leading company in adult nightclubs and sports bars/restaurants in the United States [2]
Jim Cramer on Rogers Communication: “It’s Not Expensive, It’s a Good Company”
Yahoo Finance· 2025-11-21 10:03
Group 1 - Rogers Communications Inc. (NYSE:RCI) is recognized for being more than just a cable company, which contributes to its appeal among investors [1] - The company offers a range of services including wireless, internet, TV, media, smart home, and business solutions, as well as owning sports teams and media networks [1] - Barclays raised its price target for RCI from $33 to $36 while maintaining an Equal Weight rating, indicating confidence in the company's pricing improvements [1] Group 2 - There is a belief that certain AI stocks may present greater upside potential and lower downside risk compared to RCI [2]
Shareholders of RCI Hospitality Holdings, Inc. Should Contact The Gross Law Firm Before November 20, 2025 to Discuss Your Rights - RICK
Prnewswire· 2025-11-20 13:45
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 [1][2]. Summary by Sections Allegations - The lawsuit claims 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 [1]. - It is alleged that the defendants understated the legal risks facing the company, leading to materially false and misleading statements regarding its business operations and prospects [1]. Class Action Details - Shareholders who purchased RCI Hospitality shares during the specified class period are encouraged to register for the class action, with a deadline set for November 20, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit 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 [3].
Bragar Eagel & Squire, P.C. Urgently Reminds Investors of RCI and Fortinet to Contact the Firm Regarding Upcoming Lead Plaintiff Deadlines
Globenewswire· 2025-11-19 21:26
Core Points - Class actions have been initiated on behalf of stockholders of RCI Hospitality Holdings, Inc. and Fortinet, Inc. [1] - Investors have specific deadlines to petition the court to serve as lead plaintiff in these cases [1] RCI Hospitality Holdings, Inc. (NASDAQ:RICK) - The class period for the RCI lawsuit is from December 15, 2021, to September 16, 2025 [7] - Allegations include tax fraud, bribery to cover up tax fraud, and misleading statements regarding the company's legal risks and business operations [7] Fortinet, Inc. (NASDAQ:FTNT) - The class period for the Fortinet lawsuit is from November 8, 2024, to August 6, 2025 [7] - Allegations include misrepresentation of the refresh cycle's profitability, lack of clarity on the number of FortiGate firewalls eligible for upgrades, and misleading statements about the impact of the refresh on business [7] - Following the earnings call on August 6, 2025, Fortinet's stock price fell over 22% due to the revelation of these issues [7]
Set Sail Your Way: RCI Rolls Out Upgraded Cruise Program for Members
Businesswire· 2025-11-19 17:00
Core Insights - RCI has launched an upgraded cruise program through a strategic partnership with Open Network Exchange (ONE), enhancing value and options for its over three million members [1][2][4] Group 1: Program Enhancements - The new cruise program offers members greater exchange options on unique sailings tailored to various interests, including luxury, family-focused, adults-only, and culturally-enriching experiences [2][3] - Members can save up to 25% off public rates on cruises from all major cruise lines, along with access to special offers and members-only deals [2][3] Group 2: Strategic Partnership - The partnership with ONE aims to leverage technology and expertise to provide enhanced flexibility and choice for RCI members, allowing them to design personalized travel experiences [3][4] - The upgraded cruise program is set to be available to members starting mid-December, aligning with planning for 2026 spring break travel [3] Group 3: Company Overview - RCI is a leader in membership travel services within the vacation ownership industry, providing access to over 3,600 affiliated resorts in more than 100 countries [5] - The company is part of the Travel and Membership business at Travel + Leisure Co. [5]
RCI Hospitality Deadline: Rosen Law Firm Encourages RCI Hospitality Holdings, Inc. Investors to Secure Counsel Before Important November 20 Deadline in Securities Class Action First Filed by the Firm – RICK
Businesswire· 2025-11-17 22:40
Core Points - Rosen Law Firm is reminding purchasers of RCI Hospitality Holdings, Inc. securities about the lead plaintiff deadline for a securities class action [1] - The class period for the securities in question is from December 15, 2021, to September 16, 2025 [1] - Investors who purchased RCI Hospitality securities during this period may be entitled to compensation [1]
Bragar Eagel & Squire, P.C. Reminds Investors of RCI and Fortinet to Contact the Firm Regarding Upcoming Lead Plaintiff Deadlines
Globenewswire· 2025-11-17 22:10
Core Points - Class actions have been initiated for stockholders of RCI Hospitality Holdings, Inc. and Fortinet, Inc. with deadlines for lead plaintiff petitions approaching [1] RCI Hospitality Holdings, Inc. (NASDAQ:RICK) - The class period for the RCI lawsuit is from December 15, 2021, to September 16, 2025, with a lead plaintiff deadline of November 20, 2025 [5] - Allegations include that defendants engaged in tax fraud and bribery to cover up the fraud, leading to materially false statements about the company's business and operations [5] Fortinet, Inc. (NASDAQ:FTNT) - The class period for the Fortinet lawsuit is from November 8, 2024, to August 6, 2025, with a lead plaintiff deadline of November 21, 2025 [5] - Allegations state that defendants misrepresented the refresh cycle's profitability and concealed the true number of FortiGate firewalls eligible for upgrades [5] - Following the earnings call on August 6, 2025, where it was revealed that Fortinet was only "approximately 40% to 50% of the way through the 2026 upgrade cycle," the stock price fell over 22% [5]
RCI Hospitality Holdings, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before November 20, 2025 to Discuss Your Rights - RICK
Prnewswire· 2025-11-17 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of RCI Hospitality Holdings, Inc. regarding a class action lawsuit alleging tax fraud and bribery by the company's defendants during the specified class period [1][2]. Group 1: 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 [1]. - It is claimed that the defendants understated the legal risks facing the company, leading to materially false and misleading statements about its business operations and prospects [1]. Group 2: Class Action Details - Shareholders who purchased shares of RICK 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 be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against 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 [3].
RCI HOSPITALITY DEADLINE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages RCI Hospitality Holdings, Inc. Investors to Secure Counsel Before Important November 20 Deadline in Securities Class Action First Filed by the Firm – RICK
Globenewswire· 2025-11-17 04:52
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]. 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 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 RCI Hospitality - The lawsuit alleges that defendants made materially false and misleading statements, including engaging in tax fraud and bribery to cover it up [5]. - It is claimed that these actions resulted in an understatement of the legal risks facing RCI Hospitality, leading to misleading statements about the company's business and prospects [5].
RCI HOSPITALITY DEADLINE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages RCI Hospitality Holdings, Inc. Investors to Secure Counsel Before Important November 20 Deadline in Securities Class Action First Filed by the Firm - RICK
Newsfile· 2025-11-14 23:38
Core Viewpoint - RCI Hospitality Holdings, Inc. is facing a securities class action lawsuit due to allegations of tax fraud and bribery, with a lead plaintiff deadline set for November 20, 2025 [1][5]. Group 1: Class Action Details - The class action pertains to securities purchased between December 15, 2021, and September 16, 2025, and investors may be entitled to compensation without upfront costs [2][5]. - The lawsuit claims that RCI Hospitality's defendants made materially false statements and failed to disclose significant legal risks, leading to investor damages when the truth emerged [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience [4]. - The Rosen Law Firm has a history of successful settlements in securities class actions, including a notable settlement against a Chinese company and significant recoveries for investors [4].