Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against RCI Hospitality Holdings, Inc.
May 22 2019 - 5:42PM
Business Wire
Federman & Sherwood announces that on May 21, 2019, a class
action lawsuit was filed in the United States District Court for
the Southern District of Texas against RCI Hospitality Holdings,
Inc. (NASDAQ: RICK). The complaint alleges violations of federal
securities laws, Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5, including allegations of
issuing a series of material or false misrepresentations to the
market which had the effect of artificially inflating the market
price during the Class Period, which is February 14, 2018 through
May 10, 2019.
To learn how to participate in this action, please visit
https://www.federmanlaw.com/blog/federman-sherwood-announces-the-filing-of-a-securities-class-action-lawsuit-against-rci-hospitality-holdings-inc/
Plaintiff seeks to recover damages on behalf of all RCI
Hospitality Holdings, Inc. shareholders who purchased common stock
during the Class Period and are therefore a member of the Class as
described above. You may move the Court no later than Monday, July
22, 2019 to serve as a lead plaintiff for the entire Class.
However, in order to do so, you must meet certain legal
requirements pursuant to the Private Securities Litigation Reform
Act of 1995.
If you wish to discuss this action, obtain further information
and participate in this or any other securities litigation, or
should you have any questions or concerns regarding this notice or
preservation of your rights, please contact:
Robin HesterFEDERMAN & SHERWOOD10205 North Pennsylvania
AvenueOklahoma City, OK 73120Email to: rkh@federmanlaw.comOr, visit
the firm’s website at www.federmanlaw.com
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version on businesswire.com: https://www.businesswire.com/news/home/20190522005876/en/
Robin HesterFEDERMAN & SHERWOODEmail to:
rkh@federmanlaw.comwww.federmanlaw.com
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