Important Deadline for Shareholders of RCI Hospitality Holdings

Author: Logan Wright Updated: 10-16-2025 04:18 PM

Key Information for RCI Hospitality Holdings Investors

Attention to all shareholders of RCI Hospitality Holdings, Inc. (NASDAQ: RICK). This notice provides crucial updates concerning an ongoing class action lawsuit against the company, highlighting the importance of timely responses by investors.

Understanding the Shareholder Notification

On October 16, 2025, an important announcement was made urging shareholders to participate in the ongoing lawsuit. Shareholders who acquired shares of RICK during the class period are encouraged to review their eligibility for potential lead plaintiff roles. It is essential to note that participating as a lead plaintiff is not a prerequisite for recovering losses incurred.

Class Period Details

The class period specified revolves around transactions occurring between December 15, 2021, and September 16, 2025. This timeline is critical for determining which shareholders may be eligible for participation in the actions against the company.

Allegations Against RCI Hospitality Holdings

Within the complaint, serious allegations have emerged regarding the company's integrity. The claims suggest that RCI Hospitality Holdings issued materially false and misleading statements that concealed critical information from investors. The allegations include purported tax fraud and bribery, leading to a misrepresentation of the company's legal and financial standing.

Registration Deadline and Next Steps

All shareholders should act swiftly, as the deadline for registering to assert claims is November 20, 2025. This is an important step for any shareholder wanting to ensure they are part of the recovery process. Interested shareholders should register their information to monitor their status in the case. This registration comes at no cost or obligation, offering reassurance during these uncertain times.

Why Consider Joining the Class Action?

Engaging in this class action provides a way for investors affected by misleading practices to seek justice and compensation. By joining, shareholders can take a proactive stance against corporate wrongdoing and hold RCI Hospitality accountable for any potential losses incurred due to their actions.

About the Gross Law Firm

The Gross Law Firm stands as a nationally recognized figure in class action litigation. Their mission centers around protecting the rights of investors and advocating against fraudulent and unethical business conduct. The firm aims not only to recover losses but to uphold corporate accountability across the investment landscape.

Getting in Touch with the Legal Team

For further inquiries or to begin the registration process, shareholders can reach out to the Gross Law Firm directly. Open lines of communication allow investors to ask questions and stay informed throughout the duration of the case, ensuring that no one navigates this complex process alone.

Frequently Asked Questions

What are the main allegations against RCI Hospitality Holdings?

The allegations include tax fraud, bribery, and misleading statements that created a false representation of the company's financial health.

What is the class period for the lawsuit?

The specified class period runs from December 15, 2021, to September 16, 2025.

When is the deadline to register for participation?

Shareholders must register by November 20, 2025, to be considered for participation in the class action suit.

Is there a cost to participate in the class action?

No, there is no cost or obligation associated with registering for participation in the lawsuit.

How can I contact the Gross Law Firm for more information?

Investors can reach the Gross Law Firm via email or phone to ask questions, get information, or start the registration process.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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