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].

NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of RCI Hospitality Holdings, Inc. (NASDAQ: RICK) between December 15, 2021 and September 16, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2025 in the securities class action first file ...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired RCI Hospitality Holdings, Inc. ("RCI†or the "Company†) (NASDAQ: RICK) securities between December 15, 2021 and September 16, 2025, inclusive (the "Class Period†). RCI investors have until November 20, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A L. ...

LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages RCI Hospitality Holdings, Inc. (RICK) Investors To Inquire About Securities Fraud Class Action. ...

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been 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†). RCI investors have until November 20, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN RCI HOSPITALITY HOLDINGS, INC. (RICK), CONTACT THE LAW OFFIC. ...

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]. Group 1: Allegations and Impact - The lawsuit claims that RCI Hospitality Holdings engaged in tax fraud and bribery to conceal this fraud, resulting in an understatement of the legal risks faced by the company [2]. - Following the announcement by New York State Attorney General Letitia James regarding the indictment of RCI executives, the stock price dropped by $5.53, or 16%, closing at $28.79 on September 16, 2025, and fell further by $2.99, or 10.38%, to $25.80 on September 17, 2025 [2]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must submit their papers by November 20, 2025, although participation is not required to be eligible for recovery [3]. - Individuals can choose to remain absent class members if they do not wish to take action [3]. Group 3: Legal Representation - All representation in the class action is on a contingency fee basis, meaning shareholders will not incur any fees or expenses [4]. - Robbins LLP, the firm leading the class action, has a history of advocating for shareholder rights and holding company executives accountable since 2002 [4].

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of RCI Hospitality Holdings, Inc. securities for the period between December 15, 2021, and September 16, 2025, alleging that the defendants made materially false and misleading statements regarding the company's operations and legal risks [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the defendants engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of the legal risks faced by the company [5]. - Investors who purchased RCI Hospitality securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][5]. - A lead plaintiff must move the Court by November 20, 2025, to represent other class members in the litigation [1][3]. Group 2: Rosen Law Firm's Background - Rosen Law Firm is recognized for its success in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].

SAN FRANCISCO, Sept. 22, 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 ...

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired RCI Hospitality Holdings, Inc. ("RCI†or the "Company†) (NASDAQ:RICK) securities during the period of December 15, 2021 through September 16, 2025, inclusive ("the Class Period†). If you suffered a loss on your RCI investments, you have until November 20, 2025 to request lead plaintiff appointment. Follow the link below for more information: [CO. ...