RICK Class Action Alert: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the RCI Hospitality Holdings, Inc. Securities Class Action

SAN DIEGO, Sept. 26, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of persons and entities that purchased or otherwise acquired RCI Hospitality Holdings, Inc. (NASDAQ: RICK) securities between December 15, 2021 and September 16, 2025. RCI owns and operates strip clubs around the United States.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

The Allegations: Robbins LLP is Investigating Allegations that RCI Hospitality Holdings, Inc. (RICK) Committed Bribery to Cover Up Tax Fraud

According to the complaint, defendants failed to disclose that: (1) defendants engaged in tax fraud; (2) defendants committed bribery to cover up the fact that they committed tax fraud; and (3) as a result, defendants understated the legal risk facing the Company. On September 16, 2025, Letitia James, the New York State Attorney General, posted an announcement entitled "Attorney General James Indicts Strip Club Company Executives for Multimillion Dollar Tax Fraud Scheme and Bribery of State Tax Auditor." On this news, the price of RCI stock fell $5.53 per share, or 16%, to close at $28.79 on September 16, 2025. The next day, it fell a further $2.99, or 10.38%, to close at $25.80 per share on September 17, 2025.

What Now: You may be eligible to participate in the class action against RCI Hospitality Holdings, Inc. Shareholders who wish to serve as lead plaintiff for the class must submit their papers to the court by November 20, 2025. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. 

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SOURCE Robbins LLP