RCI Hospitality (RICK)
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Investors who lost money on RCI Hospitality Holdings, Inc. (RICK) should contact Levi & Korsinsky about pending Class Action - RICK
Globenewswire· 2025-11-03 21:05
Core Viewpoint - A class action securities lawsuit has been filed against RCI Hospitality Holdings, Inc. alleging securities fraud affecting investors between December 15, 2021, and September 16, 2025 [1][2]. 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 [3]. - It is alleged that the defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until November 20, 2025, to request to be appointed as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
November 20, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against RICK
Globenewswire· 2025-10-31 20:05
Core Viewpoint - A class action securities lawsuit has been filed against RCI Hospitality Holdings, Inc. alleging securities fraud affecting investors between December 15, 2021, and September 16, 2025 [1][2]. 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 [3]. - It is alleged that the defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until November 20, 2025, to request to be appointed as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages RCI Hospitality Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – RICK
Globenewswire· 2025-10-31 19:31
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][5]. 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][5]. - 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 and misleading statements about the company's business and prospects [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, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4].
RCI Hospitality Holdings INVESTOR ALERT: Kirby McInerney LLP Reminds RCI Hospitality Holdings Investors of Looming Lead Plaintiff Deadline in Class Action Lawsuit
Globenewswire· 2025-10-30 22:00
Core Viewpoint - RCI Hospitality Holdings is facing a securities fraud class action lawsuit following allegations of bribery and tax fraud involving its executives, which has led to a significant decline in its stock price [3][4]. Group 1: Allegations and Impact - On September 16, 2025, New York's Office of the Attorney General indicted RCI executives for allegedly bribing an auditor to evade over $8 million in sales taxes from 2010 to 2024 [3]. - Following the announcement, RCI's share price dropped by $5.53, approximately 16.11%, from $34.32 to $28.79 [3]. Group 2: Lawsuit Details - The class action lawsuit is on behalf of investors who purchased RCI securities from December 15, 2021, to September 16, 2025, alleging that the company made false statements and failed to disclose tax fraud and bribery [4]. - The lawsuit claims that the defendants understated the legal risks associated with the company's actions [4].
RCI Hospitality Holdings, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 20, 2025 to Discuss Your Rights – RICK
Globenewswire· 2025-10-30 19:49
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 [3][4]. Summary by Relevant Sections 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 [3]. - It is claimed that these actions led to an understatement of the legal risks facing the company and that the defendants' statements regarding the business, operations, and prospects were materially false and misleading [3]. Class Action Details - Shareholders who purchased shares during the specified class period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1]. - The deadline for shareholders to register for the class action is November 20, 2025, and there is no cost or obligation to participate [4]. Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices, emphasizing the importance of responsible business conduct [5].
DEADLINE ALERT for RICK, FTNT and MOH: The Law Offices of Frank R. Cruz Reminds Shareholders of Securities Fraud Class Actions
Globenewswire· 2025-10-30 15:11
Core Points - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, with specific deadlines for filing lead plaintiff motions [1] RCI Hospitality Holdings, Inc. (NASDAQ: RICK) - Class period is from December 15, 2021, to September 16, 2025, with a lead plaintiff deadline of November 20, 2025 [2] - Allegations include materially false and misleading statements regarding tax fraud and bribery, which resulted in an understatement of legal risks and misleading positive statements about the company's business [2] Fortinet, Inc. (NASDAQ: FTNT) - Class period is from November 8, 2024, to August 6, 2025, with a lead plaintiff deadline of November 21, 2025 [3] - Allegations include misleading statements about the refresh cycle of products, lack of clarity on upgradeable firewalls, and misrepresentation of the refresh momentum, leading to materially misleading positive statements about the company's prospects [3] Molina Healthcare, Inc. (NYSE: MOH) - Class period is from February 5, 2025, to July 23, 2025, with a lead plaintiff deadline of December 2, 2025 [4] - Allegations include failure to disclose adverse facts regarding medical cost trend assumptions, dependency on low utilization of services for growth, and the likelihood of cutting financial guidance for fiscal year 2025, resulting in materially misleading positive statements about the company's operations [4]
Class Action Reminder: RICK Investors Should Contact Robbins LLP for Information About Leading the RCI Hospitality Holdings, Inc. Class Action Lawsuit
Prnewswire· 2025-10-29 22:36
Core Viewpoint - RCI Hospitality Holdings, Inc. is facing a class action lawsuit due to allegations of bribery and tax fraud, which has significantly impacted its stock price [1][3]. Allegations - The lawsuit claims that RCI executives engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of the legal risks associated with the company [3]. - Following the announcement of the indictment by New York State Attorney General Letitia James, RCI's stock price dropped by $5.53 (16%) to close at $28.79 on September 16, 2025, and further fell by $2.99 (10.38%) to close at $25.80 on September 17, 2025 [3]. Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers by November 20, 2025, but they can also remain absent class members without taking action [4]. - The representation in the class action is on a contingency fee basis, meaning shareholders will not incur any fees or expenses [5].
RCI HOSPITALITY CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Urges RCI Stockholders to Contact the Firm Regarding Their Rights Before November 20th
Globenewswire· 2025-10-29 21:42
Core Points - A class action lawsuit has been filed against RCI Hospitality Holdings, Inc. (NASDAQ: RICK) for allegedly making materially false and misleading statements regarding tax fraud and bribery during the Class Period from December 15, 2021, to September 16, 2025 [3][7] - The lawsuit claims that the defendants understated the legal risks facing the company, leading to damages for investors when the true details were revealed [3] Allegation Details - The lawsuit alleges that defendants engaged in tax fraud and bribery to conceal this fraud [3] - It is claimed that the defendants' statements about the company's business, operations, and prospects were materially false and lacked a reasonable basis [3] Next Steps - Investors who purchased RCI shares and suffered losses are encouraged to contact the law firm for more information and to discuss their rights [4][7] - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 20, 2025 [7] About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation [5]
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against RCI Hospitality Holdings, Inc.
Globenewswire· 2025-10-29 01:06
Core Viewpoint - A class action securities fraud lawsuit has been filed against RCI Hospitality Holdings, Inc. to recover losses incurred by shareholders due to alleged fraudulent activities between December 15, 2021, and September 16, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit alleges that RCI Hospitality Holdings, Inc. engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of legal risks and materially false statements regarding the company's business and operations [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to seek information on their rights to recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, is representing the case and has a strong track record of securing significant recoveries for shareholders [5].
RCI Hospitality Holdings, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before November 20, 2025 to Discuss Your Rights – RICK
Globenewswire· 2025-10-28 19:40
Core Viewpoint - A class action securities lawsuit has been filed against RCI Hospitality Holdings, Inc. alleging securities fraud affecting investors between December 15, 2021, and September 16, 2025 [1][2]. Case Details - The complaint claims that defendants engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of legal risks for the company [3]. - It is alleged that the defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [3]. Next Steps - Investors who suffered losses during the specified timeframe have until November 20, 2025, to request appointment as lead plaintiff, although participation does not require this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].