Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against RCI Hospitality Holdings, Inc. (RICK) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / September 21, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of RCI Hospitality Holdings, Inc. ("RCI" or "the Company") (NASDAQ:RICK). Investors who purchased RCI securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/RICK.

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Investigation Details

On September 16, 2025, Reuters published a report on RCI titled: "Rick’s Cabaret parent, executives indicted in New York tax fraud and bribery case." According to the article, "The parent company of Rick’s Cabaret and other strip clubs, as well as five executives, have been indicted over their alleged roles in a 13-year bribery scheme to avoid paying millions of dollars in New York sales taxes, state Attorney General Letitia James said on Tuesday." Following this news, RCI stock dropped more than 15.9% on the same day.

What’s Next?

If you are aware of any facts relating to this investigation or purchased RCI securities, you can assist this investigation by visiting the firm’s site: bgandg.com/RICK. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

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Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

View the original press release on ACCESS Newswire

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