RCAT Investors Have Opportunity to Lead Red Cat Holdings, Inc. Securities Fraud Lawsuit

Core Viewpoint - A class action lawsuit has been filed on behalf of shareholders who purchased Red Cat Holdings, Inc. (NASDAQ: RCAT) securities between March 18, 2022, and January 15, 2025, alleging false and misleading statements by the company [1][5]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period, Red Cat Holdings made false statements regarding the production capacity of its Salt Lake City Facility and the overall value of the SRR Contract, leading to materially misleading public statements [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement if they purchased Red Cat securities during the Class Period [2]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by July 22, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].