RCI Hospitality Faces Securities Class Action Alleging Tax Fraud and Bribery

Overview

• Levi & Korsinsky issued an October 6 notice, and Rosen Law Firm has circulated reminders inviting affected RCI shareholders to participate in the case.
• The filed complaint alleges tax fraud and bribery to conceal that misconduct, which allegedly led to understated legal risk and misleading public statements.
• The putative class period covers purchases of RCI Hospitality securities from December 15, 2021 through September 16, 2025.
• The notices state that investors suffered losses when the alleged true details entered the market.
• No class has been certified, and the notices highlight contingency-fee representation and that investors need not serve as lead plaintiff to share in any recovery.