IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against Resource Capital Corp. (“Resource Capital” or the “Company”) (NYSE: RSO). Investors who purchased or otherwise acquired shares between March 2, 2015 and August 4, 2015, inclusive (the “Class Period”) are encouraged to contact the Firm immediately to discuss their legal options.
If you purchased shares of Resource Capital during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at email@example.com.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the complaint, 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.
If you purchased shares of Resource Capital during the Class Period you have until November 9, 2015, to ask the Court to appoint you as lead plaintiff. If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at firstname.lastname@example.org.
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