LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC announces a class action lawsuit has been filed 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. Investors who purchased or otherwise acquired shares should contact the Firm before the lead plaintiff motion deadline.
To join this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com.
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.
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.
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