Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Red Cat Holdings, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Legal Action - Shareholders who purchased Red Cat securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Red Cat Holdings [2]. Group 2: Company Performance and Market Reaction - Kerrisdale Capital published a report on January 16, 2025, stating that Red Cat Holdings, a 900 million in the past nine months, primarily due to expectations surrounding a US Army contract for short-range reconnaissance drones [3]. - Following the report, Red Cat's stock price fell by 8.56 per share on January 17, 2025 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4].
Red Cat Holdings Investor News: If You Have Suffered Losses in Red Cat Holdings, Inc. (NASDAQ: RCAT), You Are Encouraged to Contact The Rosen Law Firm About Your Rights