Prnewswire·2025-10-23 12:45Core Viewpoint - RCI Hospitality Holdings, Inc. is facing a class action lawsuit due to allegations of tax fraud and bribery, which resulted in misleading statements about the company's business and legal risks [2][4]. Group 1: Allegations and Class Period - The class period for the lawsuit is from December 15, 2021, to September 16, 2025 [2]. - Allegations include that defendants engaged in tax fraud and bribery to cover up the fraud, leading to an understatement of legal risks and materially false statements regarding the company's operations and prospects [2]. Group 2: Shareholder Actions - Shareholders who purchased shares during the class period are encouraged to register for the class action and can seek lead plaintiff status by the deadline of November 20, 2025 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements or omissions [4].