RC Investors are Reminded of Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against Ready Capital Corporation for alleged violations of securities laws, specifically related to misleading statements about its financial health and non-performing loans in its commercial real estate portfolio [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Ready Capital's securities between November 7, 2024, and March 2, 2025, are encouraged to participate in the class action [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Company Financial Issues - Ready Capital reportedly made false and misleading statements regarding its financial condition, particularly concerning its commercial real estate loans [4]. - The company attempted to stabilize its commercial real estate portfolio by fully reserving non-performing loans but failed to accurately reflect expected credit losses and valuation allowances in its financial results [4]. - As a result of these misleading statements, investors suffered damages when the true financial situation of Ready Capital was revealed [4].