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 joon@khanglaw.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 joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151013006998/en/
Contacts:
KHANG & KHANG LLP
Joon M. Khang, Esq.
Telephone:
949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
Source: Khang & Khang LLP
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