Lundin Law PC announces it is investigating claims against Resource Capital Corp. (“Resource Capital” or the “Company”) (NYSE: RSO) concerning possible violations of federal securities laws between March 2, 2015 and August 4, 2015. The investigation is related to allegations that certain statements issued by Resource Capital were false and misleading concerning the Company’s financial performance.
To join this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at brian@lundinlawpc.com.
On August 5, 2015, Resource Capital announced a net loss of $0.24 per share during the quarter ended June 30, 2015, caused by a charge of more than $41 million stemming from the impairment of a loan made to a luxury hotel in Puerto Rico.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151104007039/en/
Contacts:
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile:
888-713-1125
brian@lundinlaw.com
