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RCAT Deadline: RCAT Investors with Losses in Excess of $100K Have Opportunity to Lead Red Cat Holdings, Inc. Securities Fraud Lawsuit
Red Cat Red Cat (US:RCAT) Prnewswireยท2025-07-12 16:06

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Red Cat Holdings, Inc. securities between March 18, 2022, and January 15, 2025, of the July 22, 2025, deadline to become a lead plaintiff in a class action lawsuit due to alleged misleading statements by the company [1][4]. Group 1: Class Action Details - Investors who purchased Red Cat securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by July 22, 2025, to serve as lead plaintiff [2]. - The lawsuit claims that Red Cat made false and misleading statements regarding its production capacity and the value of its contracts, leading to investor damages when the truth was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen has been recognized as a Titan of Plaintiffs' Bar by Law360, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [3].