Need Help? Call : (310) 914-5007
Need Help? Call : (310) 914-5007
The Law Offices of Frank R. Cruz announces an investigation of Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On March 3, 2025, Ready Capital released its fourth quarter 2024 financial results, significantly missing consensus estimates on EPS and revenue due, in part, to the Company’s need to “stabilize” its balance sheet by “fully reserving for all of [its] non-performing loans in [its] CRE portfolio.”
On this news, Ready Capital’s stock price fell $1.86, or 26.8%, to close at $5.07 per share on March 3, 2025, thereby injuring investors.
If you suffered a loss on your Ready Capital Corporation investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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