
RCI Hospitality Holdings, Inc. Sued for Securities Law Violations
âĒBy ADMIN
Related Stocks:RCI
LosâŊAngeles, Nov. 18, 2025 â According to a press release from the law firm DJS Law Group, RCI Hospitality Holdings, Inc. (NASDAQ:âŊRICK) is facing a classâaction lawsuit alleging violations of SectionsâŊ10(b) andâŊ20(a) of the Securities Exchange Act of 1934 and RuleâŊ10bâ5 promulgated thereunder.
The class period is defined as DecemberâŊ15,âŊ2021 through SeptemberâŊ16,âŊ2025. According to the complaint, RCI made false and misleading statements to the market, and allegedly engaged in a scheme including bribery of state officials in order to evade taxes. These actions purportedly rendered the companyâs public statements âfalse and materially misleadingâ for the duration of the class period.
Shareholders who purchased RCI stock during the class period are encouraged to contact DJSâŊLawâŊGroup about their rights and the possibility of becoming lead plaintiff, though appointment as lead plaintiff is not a prerequisite for recovering losses. The deadline for acting was listed as NovemberâŊ20,âŊ2025.
DJSâŊLawâŊGroup emphasizes there is no cost or obligation to join, and participating shareholders will be enrolled in monitoring software to receive regular updates on the case lifecycle.
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