Mar 22, 2025, 3:25 AM
Mar 21, 2025, 10:45 PM

Rosen Law Firm urges investors to secure counsel ahead of critical deadlines

Highlights
  • Rosen Law Firm is reminding investors of impending deadlines for securities class actions against Ready Capital and FMC Corporation.
  • Both firms faced lawsuits alleging false and misleading statements regarding their financial practices.
  • Investors are advised to secure counsel to explore potential compensations related to these claims.
Story

In New York, on March 21, 2025, the Rosen Law Firm reminded investors purchasing common stock in Ready Capital Corporation during the class period from November 7, 2024, to March 2, 2025, to act quickly due to an impending lead plaintiff deadline of May 5, 2025. Investors may be entitled to compensation without incurring costs upfront, as the Rosen Law Firm operates on a contingency fee basis. The firm emphasized the seriousness of the allegations against Ready Capital, including claims that the company made materially misleading statements regarding its financial situation and the collectability of loans in its commercial real estate portfolio. Meanwhile, in a separate announcement, the firm also notified FMC Corporation investors who purchased securities between November 16, 2023, and February 4, 2025, about a similar lead plaintiff deadline set for April 14, 2025. FMC is facing accusations of making false statements related to channel management and inventory inflation, which potentially led to investor damages when accurate information became known. The firm's history and expertise in securities class action litigations bolster their call to action, as they highlight their ranking as the top law firm for securities settlements in 2017. Investors are encouraged to consider securing their interests in light of the forthcoming deadlines and potential implications for their financial recovery.

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