Globenewswire·2025-10-30 19:49Core 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 [3][4]. Summary by Relevant Sections Allegations - The complaint alleges that during the class period from December 15, 2021, to September 16, 2025, the defendants engaged in tax fraud and bribery to conceal this fraud [3]. - It is claimed that these actions led to an understatement of the legal risks facing the company and that the defendants' statements regarding the business, operations, and prospects were materially false and misleading [3]. Class Action Details - Shareholders who purchased shares during the specified class period are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1]. - The deadline for shareholders to register for the class action is November 20, 2025, and there is no cost or obligation to participate [4]. Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices, emphasizing the importance of responsible business conduct [5].