RCI Hospitality Sued in Shareholder Class Action Alleging Tax Fraud and Bribery

Overview

• Investor notices confirm that a securities class action has been filed against RCI Hospitality Holdings, Inc. (NASDAQ: RICK).
• Complaints assert that executives engaged in tax fraud and used bribery to conceal it, rendering public statements misleading and understating legal risk.
• The alleged violations are brought under Section 10(b), Rule 10b-5, and Section 20(a) of the Securities Exchange Act.
• The putative class period covers purchases of RCI securities from December 15, 2021 through September 16, 2025.
• Law firms including Holzer & Holzer, the Rosen Law Firm, and the Schall Law Firm are soliciting investors, and no class has been certified.