Core Points - A securities class action lawsuit has been filed against RCI Hospitality Holdings, Inc. for alleged misleading statements and failure to disclose critical information during the class period from December 15, 2021, to September 16, 2025 [1][6] - The lawsuit claims that RCI executives engaged in tax fraud and bribery, specifically bribing a New York state auditor to cover up tax fraud, which involved over $8 million in sales taxes [6] - The firm representing the plaintiffs, Wolf Haldenstein Adler Freeman & Herz LLP, has a long history of legal expertise in securities litigation and is encouraging affected investors to join the case [4] Allegations - The complaint alleges that RCI and its executives made false statements regarding the company's business operations and prospects [6] - Specific allegations include tax fraud, bribery of a state auditor, and the understatement of legal risks faced by the company [6] - The bribes included at least 13 trips to Florida and other benefits, which resulted in favorable treatment during tax audits over a decade [6] Next Steps - Investors wishing to participate in the class action must file a motion to serve as lead plaintiff by November 20, 2025 [6] - The law firm is actively seeking information from investors who may have been affected or have relevant information regarding the case [4]

Core Points - 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 [1][2] - The class period for the lawsuit is from December 15, 2021, to September 16, 2025, during which the defendants allegedly made materially false statements and failed to disclose significant legal risks [1] - Shareholders are encouraged to register for the class action by November 20, 2025, to potentially become lead plaintiffs and participate in recovery [2] Allegations - The complaint alleges that the defendants engaged in tax fraud and bribery to conceal this fraud [1] - It is claimed that these actions led to an understatement of the legal risks facing the company, resulting in misleading statements about its business and operations [1] Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring system to receive updates on the case [2] - There is no cost or obligation for shareholders to participate in the class action [2] About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [3]

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 those wishing to serve as lead plaintiff must act by November 20, 2025 [3]. - 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 for RCI Hospitality [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, showcasing its capability in handling such cases [4].

Core Viewpoint - A class action lawsuit has been filed against RCI Hospitality Holdings, Inc. for allegations of tax fraud and bribery, leading to significant stock price declines following the announcement of these allegations [2][3]. Group 1: Allegations and Legal Actions - The lawsuit claims that RCI Hospitality Holdings, Inc. engaged in tax fraud and bribery to conceal this fraud, resulting in an understatement of the legal risks faced by the company [2]. - On September 16, 2025, New York State Attorney General Letitia James announced indictments against executives of RCI for a multimillion-dollar tax fraud scheme and bribery, causing RCI's stock to drop by $5.53 (16%) to $28.79 per share on the same day [2]. - The following day, RCI's stock fell further by $2.99 (10.38%), closing at $25.80 per share [2]. Group 2: Class Action Participation - Shareholders of RCI Hospitality Holdings, Inc. who wish to serve as lead plaintiffs in the class action must submit their papers by November 20, 2025 [3]. - Participation in the class action is not required to be eligible for recovery; shareholders can choose to remain absent class members [3]. Group 3: Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders will not incur any fees or expenses for representation [4]. - Robbins LLP has a history of advocating for shareholder rights and aims to help recover losses and improve corporate governance [4].

Group 1 - The article highlights the upcoming deadline of November 20, 2025, for investors to file a lead plaintiff motion in a class action lawsuit concerning RCI Hospitality Holdings, Inc. [1] - The class action is on behalf of investors who purchased or acquired RCI securities between December 15, 2021, and September 16, 2025, inclusive [1] - The notice serves as a reminder for investors who suffered losses on their RCI investments to inquire about potentially pursuing the case [1]

LOS ANGELES, Sept. 26, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. RCI ...

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming November 20, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased RCI Hospitality Holdings, Inc. ("RCI†or the "Company†) (NASDAQ: RICK) securities between December 15, 2021 and September 16, 2025, inclusive (the "Class Period†). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN RCI HOSPITALITY HOLDINGS, INC. (RICK), CONTACT THE LAW OFFICES OF HOWARD G. SM. ...

Accessibility StatementSkip Navigation NEW YORK, Sept. 25, 2025 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against RCI Hospitality Holdings, Inc. ("RCI" or "the Company") (NASDAQ: RICK) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities th ...

SAN FRANCISCO, Sept. 24, 2025 (GLOBE NEWSWIRE) -- A securities class action styled, Hernandez v. RCI Hospitality Holdings, Inc., et al., No. 4:25-cv-04477 (S.D. Tex.), has been filed after New York Attorney General James announced an indictment of RCI, CEO (Eric Langan), CFO (Bradley Chhay) and others of 79 crimes, including conspiracy, bribery, and criminal tax fraud. The lawsuit seeks to represent investors who invested in RCI Hospitality Holdings, Inc. (NASDAQ: RICK) securities December 15, 2021 and Sept ...

Core Viewpoint - RCI Hospitality Holdings, Inc. is under investigation for potential securities fraud and unlawful business practices following allegations of bribery involving tax auditors, leading to a significant drop in stock price [1][3]. Group 1: Investigation and Allegations - Pomerantz LLP is investigating claims on behalf of RCI investors regarding possible securities fraud or unlawful business practices by the company and its executives [1]. - The New York Attorney General's office indicted certain top executives of RCI, alleging they bribed an auditor to evade over $8 million in sales taxes from 2010 to 2024 [3]. Group 2: Market Reaction - Following the news of the indictment, RCI's stock price fell by $25.80 per share, representing a decline of 24.83%, closing at $25.80 per share on September 17, 2025 [3].