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Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of RCI Hospitality Holdings, Inc. (RICK) Shareholders
Globenewswire· 2025-11-20 21:25
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 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].
Contact Levi & Korsinsky by November 20, 2025 Deadline to Join Class Action Against RCI Hospitality Holdings, Inc.(RICK)
Globenewswire· 2025-11-14 21:00
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 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].
2 Cleveland Guardians players accused of rigging pitches in betting scheme
NBC News· 2025-11-10 00:39
Tonight, a bombshell rocking the baseball world with an explosive new indictment unsealed today charging two Cleveland Guardians pitchers in connection with an alleged betri rigging scheme. >> I think it's huge. First reaction was shock.>> Prosecutors say Emmanuel Class and Luis Ortiz intentionally threw balls instead of strikes on certain pitches in exchange for bribes or kickbacks from sports betterers. The US Attorney's Office for the Eastern District of New York saying it started as early as May 2023 fi ...
X @Bloomberg
Bloomberg· 2025-10-30 12:45
Political Landscape - The trial of Prime Minister Benjamin Netanyahu on bribery, fraud, and breach of trust charges has significantly impacted Israel [1]
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against RCI Hospitality Holdings, Inc.
Globenewswire· 2025-10-29 01:06
Core Viewpoint - A class action securities fraud lawsuit has been filed against RCI Hospitality Holdings, Inc. to recover losses incurred by shareholders due to alleged fraudulent activities between December 15, 2021, and September 16, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit alleges that RCI Hospitality Holdings, Inc. engaged in tax fraud and bribery to conceal this fraud, leading to an understatement of legal risks and materially false statements regarding the company's business and operations [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to seek information on their rights to recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, is representing the case and has a strong track record of securing significant recoveries for shareholders [5].
RCI HOSPITALITY CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against RCI Hospitality Holdings, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-21 21:52
Core Viewpoint - A class action lawsuit has been filed against RCI Hospitality Holdings, Inc. for alleged tax fraud and bribery, impacting investors who acquired securities during the specified class period [2][3]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of Texas on behalf of all individuals and entities who purchased RCI securities between December 15, 2021, and September 16, 2025 [2]. - Investors have until November 20, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [2]. Group 2: Allegations - The lawsuit alleges that defendants made materially false and misleading statements, failed to disclose tax fraud, and committed bribery to cover up the fraud [3]. - It is claimed that these actions resulted in an understatement of the legal risks facing the company, leading to misleading statements about its business and operations [3]. Group 3: Next Steps for Investors - Investors who suffered losses and are interested in learning more about the claims or have questions are encouraged to contact the law firm directly [4].
Rambling Trump accidentally reopens questions about an election payoff
MSNBC· 2025-10-14 03:54
Political Commentary & Potential Legal Implications - Trump praised the Egyptian president, referring to him as a friend since the 2016 campaign against Hillary Clinton [2][3][10][18] - Allegations suggest a potential $10 million cash transfer from an organization linked to Egyptian Intelligence to Trump's 2016 campaign [12][13][15] - The Justice Department reportedly investigated the $10 million transfer but the investigation was shut down [11][17] Financial Transactions & Campaign Finance - Trump's campaign was reportedly short on funds in 2016, leading to a $10 million loan to his campaign [7][13][14] - An organization linked to Egyptian Intelligence allegedly withdrew almost exactly $10 million in cash from the National Bank of Egypt shortly before Trump's inauguration [15] - The cash withdrawal involved bundles of $100 bills weighing approximately 200 pounds [15] US-Egypt Relations - Trump called the Egyptian president his "favorite dictator" during his 2016 campaign [1][5] - After being elected, Trump made the Egyptian president one of his first White House guests and praised him [8] - Trump approved nearly $200 million and later over $1 billion in aid to Egypt, despite opposition from his own State Department [9]
X @Mike Benz
Mike Benz· 2025-10-12 18:35
Insult to injury, the billion dollar loan guarantee Biden used to bribe and extort Ukraine into firing the prosecutor investigating his son’s business was a USAID grant 👇 https://t.co/uvZ4P3QCNqDC_Draino (@DC_Draino):Biden used $1 billion in American tax dollars as leverage to get a prosecutor to stop investigating his son’s bribery schemeTrump was going to expose it so they impeached himArrest everyone involved in the coverup https://t.co/5bVeB4Rp0X ...
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]
RICK LAWSUIT ALERT: Levi & Korsinsky Notifies RCI Hospitality Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Globenewswire· 2025-10-01 20:27
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 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].