The DJS Law Groupreminds investors of a class action lawsuit against Red Cat Holdings, Inc. (“Red Cat” or “the Company”) (NASDAQ: RCAT) for violations of securities laws.
Shareholderswho purchased the Company's securities betweenMarch 18, 2022, and January 15, 2025, (the “Class Period”), are encouraged to contact the firm beforeJuly 22, 2025.
CASE DETAILS:As stated in the Complaint, the Company issued false and misleading statements to the public. Red Cat exaggerated the production capabilities of its Salt Lake City facility. Additionally, the Company inflated the worth of its Short Range Reconnaissance Program of Record Tranche 2 agreement (the “SRR Contract”). As a result, the Company's public disclosures were materially false and misleading throughout the class period. Once the truth about Red Cat emerged, investors incurred losses, contact us to participate.
WHY DJS LAW GROUP?DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:David J. SchwartzDJS Law Group274 White Plains Road, Suite 1Eastchester, NY 10709Phone: 914-206-9742Email:David@djslawllp.com
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SOURCE DJS Law Group LLP
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