Girard Sharp LLP is investigating potential claims on behalf of former Broadmark (NYSE: BRMK) shareholders who received Ready Capital (NYSE:RC) through the 2023 merger.
Suffer losses from acquiring Broadmark shares after the Ready Capital 2023 merger? You may be entitled to monetary relief.
Please fill out our form or call (866) 981-4800 for a free consultation.
Ready Capital Stock Drops Post Broadmark Merger
Ready Capital is a multi-strategy real estate finance company that acquired Seattle-based Broadmark Realty Capital in May of 2023. According to an article published December 15, 2024, Ready Capital’s (NYSE:RC) “loan problems are accelerating, not abating, and many modified but not impaired loans are of dubious quality,” indicating a negative cash flow. The trading value of Ready Capital’s common stock has declined since the Broadmark merger.
If you are a current or former Broadmark shareholder who received Ready Capital stock in the May 2023 merger, please call (866) 981-4800 for a free consultation.
Our Commitment to Excellence
Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We serve on the Plaintiffs’ executive committee in the recent spoofing litigation against JPMorgan Chase that settled for $60 million, a favorable resolution that the district court preliminarily approved in December 2021. We recently obtained a $36.5 million securities settlement against Maxar Technologies, a space imagery company, after its share price collapsed following its acquisition of DigitalGlobe. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.