In re Ready Capital Securities Litigation

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Case overview

Case Number:

1:25-cv-01883

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Paul A. Engelmayer

Firms

Companies

Sectors & Industries:

  1. July 09, 2025

    NY Judge Combines Ready Capital Investors' Stock-Drop Suits

    A New York federal judge has consolidated multiple stock-drop class actions against real estate finance company Ready Capital Corp., appointed a lead plaintiff and picked Levi & Korsinsky LLP as lead counsel.

  2. March 07, 2025

    Real Estate Lender Caused 'Precipitous' Stock Drop, Suit Says

    Commercial real estate lender Ready Capital Corp. caused its securities to see a "precipitous decline in market value" because it kept investors in the dark on issues that included several of its nonperforming loans being likely uncollectible, according to a proposed class action filed in New York federal court.