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ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Red Cat Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RCAT
GlobeNewswire News Room·2025-06-09 15:24

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Red Cat Holdings, Inc. securities between March 18, 2022, and January 15, 2025, alleging misleading statements regarding production capacity and contract value [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Red Cat Holdings made false and misleading statements about the production capacity of its Salt Lake City Facility and the overall value of the SRR Contract [5]. - Investors who purchased Red Cat securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting Phillip Kim, Esq. for more information [3][6]. - A lead plaintiff must move the Court by July 22, 2025, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - 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 and recovering hundreds of millions for investors [4]. - The firm has been consistently ranked among the top firms for securities class action settlements since 2013, securing over $438 million for investors in 2019 alone [4].