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ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Encourages RCI Hospitality Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – RICK
Globenewswire· 2025-10-17 20:30
Core Viewpoint - Rosen Law Firm is reminding investors who purchased RCI Hospitality Holdings, Inc. securities between December 15, 2021, and September 16, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased RCI Hospitality securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 20, 2025 [3]. - The lawsuit alleges that defendants made materially false and misleading statements regarding tax fraud and bribery, which understated the legal risks facing RCI Hospitality [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].
RCI Hospitality Holdings, Inc. INVESTOR ALERT: Kirby McInerney LLP Notifies RCI Hospitality Holdings, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
Globenewswire· 2025-10-17 00:00
Core Viewpoint - RCI Hospitality Holdings, Inc. is facing a federal securities class action due to allegations of tax fraud and bribery involving its executives, with a significant decline in share price following the announcement of the indictment [4][5]. Group 1: Allegations and Legal Action - On September 16, 2025, New York's Office of the Attorney General indicted certain top executives of RCI, alleging bribery of an auditor to avoid over $8 million in sales taxes from 2010 to 2024 [4]. - The lawsuit is on behalf of investors who purchased RCI securities from December 15, 2021, to September 16, 2025, claiming that the defendants made false statements and failed to disclose tax fraud and bribery [5]. Group 2: Financial Impact - Following the indictment news, RCI's share price dropped by $5.53, approximately 16.11%, from $34.32 on September 15, 2025, to $28.79 on September 16, 2025 [4].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of November 20, 2025 in RCI Hospitality Holdings, Inc. Lawsuit – RICK
Globenewswire· 2025-10-16 20:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of RCI Hospitality Holdings, Inc. about a class action lawsuit related to allegations of tax fraud and bribery during a specified class period [1][3]. Summary by Sections Class Period and Allegations - The class period for the lawsuit is from December 15, 2021, to September 16, 2025 [3]. - Allegations include: 1. Engagement in tax fraud by the defendants 2. Commission of bribery to conceal the tax fraud 3. Understatement of legal risks facing the company 4. Misleading statements regarding the company's business, operations, and prospects [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by November 20, 2025, to participate in potential recovery [4]. - Registration will include enrollment in a portfolio monitoring software for status updates throughout the case [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices, emphasizing responsible corporate behavior [5].
ROSEN, THE FIRST FILING FIRM, Encourages RCI Hospitality Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – RICK
Globenewswire· 2025-10-13 20:57
Core Viewpoint - Rosen Law Firm is reminding investors who purchased RCI Hospitality Holdings, Inc. securities between December 15, 2021, and September 16, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased RCI Hospitality securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 20, 2025 [3]. - The lawsuit alleges that defendants made materially false and misleading statements regarding tax fraud and bribery, which understated the legal risks facing RCI Hospitality [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
Levi & Korsinsky Reminds RCI Hospitality Holdings, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 20, 2025 - RICK
Prnewswire· 2025-10-10 13:00
Core Viewpoint - A class action securities lawsuit has been filed against RCI Hospitality Holdings, Inc. alleging securities fraud affecting investors between December 15, 2021, and September 16, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that defendants engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of legal risks for the company [2]. - Defendants' statements regarding the company's business, operations, and prospects were allegedly materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 20, 2025, to request appointment as lead plaintiff, although participation does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of November 20, 2025 in RCI Hospitality Holdings, Inc. Lawsuit – RICK
Globenewswire· 2025-10-09 20:32
Core Viewpoint - A class action securities lawsuit has been filed against RCI Hospitality Holdings, Inc. alleging securities fraud affecting investors between December 15, 2021, and September 16, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of the legal risks faced by the company [3]. - It is alleged that the defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until November 20, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages RCI Hospitality Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – RICK
Globenewswire· 2025-10-07 17:22
Core Viewpoint - Rosen Law Firm is reminding investors who purchased RCI Hospitality Holdings, Inc. securities between December 15, 2021, and September 16, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1][5]. Group 1: Class Action Details - Investors who purchased RCI Hospitality securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 20, 2025 [3]. - The lawsuit alleges that defendants made materially false and misleading statements, engaged in tax fraud, and committed bribery to cover up the fraud, which resulted in understated legal risks for RCI Hospitality [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4].
Robbins LLP Reminds RCI Hospitality Holdings, Inc. Investors of the Upcoming Lead Plaintiff Deadline in the Class Action Against RICK
Prnewswire· 2025-10-06 23:04
Core Points - A class action lawsuit has been filed against RCI Hospitality Holdings, Inc. for alleged tax fraud and bribery [1][2] - The lawsuit claims that the company failed to disclose its involvement in tax fraud and bribery, which led to an understatement of legal risks [2] - Following the announcement of the indictment of company executives, RCI's stock price dropped significantly, falling 16% on September 16, 2025, and an additional 10.38% the following day [2] Summary by Sections Allegations - RCI Hospitality Holdings, Inc. is accused of engaging in tax fraud and bribery to conceal this fraud [2] - The New York State Attorney General announced the indictment of RCI executives for a multimillion-dollar tax fraud scheme [2] Stock Impact - On September 16, 2025, RCI's stock price fell by $5.53, or 16%, closing at $28.79 [2] - The following day, the stock price decreased by $2.99, or 10.38%, closing at $25.80 [2] Class Action Participation - Shareholders can participate in the class action and must submit their papers by November 20, 2025, to serve as lead plaintiff [3] - Shareholders are not required to participate in the case to be eligible for recovery [3]
RCI Hospitality Holdings, Inc. Class Action: Levi & Korsinsky Reminds RCI Hospitality Holdings, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 20, 2025 – RICK
Globenewswire· 2025-10-06 20:58
Core Viewpoint - A class action securities lawsuit has been filed against RCI Hospitality Holdings, Inc. alleging securities fraud affecting investors between December 15, 2021, and September 16, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the defendants engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of the legal risks faced by the company [3]. - It is alleged that the defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until November 20, 2025, to request to be appointed as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of November 20, 2025 in RCI Hospitality Holdings, Inc. Lawsuit - RICK
Prnewswire· 2025-10-06 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of RCI Hospitality Holdings, Inc. regarding a class action lawsuit alleging tax fraud and bribery by the company's defendants during the specified class period [1][2]. Summary by 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. This resulted in an understatement of the legal risks facing the company, leading to materially false and misleading statements about its business and operations [1]. Class Action Details - Shareholders who purchased shares of RICK during the class period are encouraged to register for the class action. The deadline to seek lead plaintiff status is November 20, 2025, and there is no cost or obligation to participate [2]. Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and fraud. The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].