Core Viewpoint - Rosen Law Firm is reminding investors who purchased Ready Capital Corporation common stock during the specified Class Period of the upcoming lead plaintiff deadline on May 5, 2025 [1]. Group 1: Class Action Details - Investors who purchased Ready Capital securities between November 7, 2024, and March 2, 2025, 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 May 5, 2025 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Ready Capital made false or misleading statements regarding its commercial real estate portfolio, including the collectibility of non-performing loans and the adequacy of reserves [5]. - It is claimed that these misrepresentations adversely affected Ready Capital's financial results and misled investors about the company's business prospects [5].
ROSEN, A LONGSTANDING FIRM, Encourages Ready Capital Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – RC