RCI Hospitality (US:RICK) Newsfileยท2025-11-08 02:07Core Viewpoint - Rosen Law Firm is encouraging investors of RCI Hospitality Holdings, Inc. to secure legal counsel before the November 20, 2025 deadline for a securities class action lawsuit [1][2]. Group 1: Class Action Details - The class action pertains to securities purchased between December 15, 2021, and September 16, 2025, and investors may be entitled to compensation without upfront fees [1][2]. - A lead plaintiff must be appointed by November 20, 2025, to represent other class members in the litigation [3]. Group 2: Legal Representation - Investors are advised to choose qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience [4]. - Rosen Law Firm has a history of significant settlements, including the largest securities class action settlement against a Chinese company and has recovered hundreds of millions for investors [4]. Group 3: Allegations Against RCI Hospitality - The lawsuit alleges that RCI Hospitality's defendants made materially false statements and failed to disclose tax fraud and bribery, which understated the legal risks faced by the company [5]. - The misleading statements about the company's business and operations led to investor damages when the truth was revealed [5].