NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is commencing an investigation of Resource Capital Corp. (NYSE:RSO) and certain of its officers and/or directors concerning possible violations of federal securities laws. 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. As a result of this news, Resource Capital’s stock price plunged approximately 12% from its August 4, 2015 closing price of $3.48 to close at $3.05 per share on August 5, 2015. To obtain additional information about this investigation, go to:
http://zlk.9nl.com/resource-capital-rso
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.