September 21, 2026
A New York federal judge has tossed, with prejudice, a consolidated class action against real estate finance company Ready Capital Corp., finding that the suit "comes dangerously close to 'puzzle pleading'" and that there is no evidence the defendants committed fraud prior to revealing struggles in its commercial real estate loan portfolio.
July 09, 2025
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.
March 07, 2025
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.