{"id":836269,"date":"2025-04-10T13:07:10","date_gmt":"2025-04-10T17:07:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\/"},"modified":"2025-04-10T13:07:10","modified_gmt":"2025-04-10T17:07:10","slug":"levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\/","title":{"rendered":"Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit \u2013 RC"},"content":{"rendered":"
\n

NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Ready Capital Corporation<\/strong> (“Ready Capital” or the “Company”) (NYSE: RC) of a class action securities lawsuit.<\/p>\n

\n CLASS DEFINITION: <\/strong>The lawsuit seeks to recover losses on behalf of Ready Capital investors who were adversely affected by alleged securities fraud between November 7, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n

\n https:\/\/zlk.com\/pslra-1\/ready-capital-corporation-lawsuit-submission-form?prid=141987&wire=3<\/a>\n <\/p>\n

\n RC<\/strong> investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p>\n

\n CASE DETAILS: <\/strong>The filed complaint alleges that defendants made false statements and\/or concealed that: (1) significant non-performing loans in its CRE portfolio were not likely to be collectible; (2) Ready Capital would fully reserve these problem loans in order to \u201cstabilize\u201d its CRE portfolio; (3) this was not accurately reflected in Ready Capital\u2019s current expected credit loss or valuation allowances; (4) as a result, the Company\u2019s financial results would be adversely affected; and (5), as a result of the foregoing, defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

\n WHAT’S NEXT? <\/strong>If you suffered a loss in Ready Capital during the relevant time frame, you have until May 5, 2025<\/strong>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

\n NO COST TO YOU: <\/strong>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.<\/strong><\/p>\n

\n WHY LEVI & KORSINSKY: <\/strong>Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services\u2019 Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n

\n CONTACT:<\/strong>
\n
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com<\/a>
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com<\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ready Capital investors who were adversely affected by alleged securities fraud between November 7, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/ready-capital-corporation-lawsuit-submission-form?prid=141987&wire=3 RC investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (1) significant non-performing loans in its CRE portfolio were … <\/p>\n

Continue reading “Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit \u2013 RC”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-836269","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLevi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit \u2013 RC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit \u2013 RC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ready Capital investors who were adversely affected by alleged securities fraud between November 7, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/ready-capital-corporation-lawsuit-submission-form?prid=141987&wire=3 RC investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (1) significant non-performing loans in its CRE portfolio were … Continue reading "Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit \u2013 RC"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-10T17:07:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxOTc4MyM2ODU5MTY2IzIwMjA0MjY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit \u2013 RC\",\"datePublished\":\"2025-04-10T17:07:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\\\/\"},\"wordCount\":405,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQxOTc4MyM2ODU5MTY2IzIwMjA0MjY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/levi-korsinsky-reminds-shareholders-of-a-lead-plaintiff-deadline-of-may-5-2025-in-ready-capital-lawsuit-rc\\\/\",\"name\":\"Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit \u2013 RC - 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