RICK.US
id: 239
It is still possible to file a late claim. The court will decide whether to accept late claims or not.
S.D. Texas
Court12/13/2016
Class period Start07/18/2019
Class period End09/23/2022
Claim deadlineIn re RCI Hospitality Holdings, Inc. Securities Litigation.
"Lead Plaintiffs filed and served their Amended Class Action Complaint for Violations of the Federal Securities Laws (the “Complaint”) asserting claims against all Defendants under Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, and against Individual Defendants under Section 20(a) of the Exchange Act. Among other things, the Complaint alleged that Defendants made materially false and misleading statements and omissions about the Company’s related party transactions and the adequacy of its internal controls. The Complaint further alleged that the prices of RCI’s publicly-traded securities were artificially inflated as a result of Defendants’ allegedly false and misleading statements, and declined when the truth was
revealed."
Case Status
Accepting Late Claims
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Plaintiffs
Roger DeMaggio, Patrick Prahl, Justin Kinslow, Joseph Milo, and Edgar M. Kee
Attorneys
Glancy Prongay & Murray LLP, The Rosen Law Firm, P.A
Judge
Hon. Alfred H. Bennett
Administrator
Strategic Claims Services
Court hearing date
08/12/2022
+$2,200,000
Cash Settlement Amount