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Red Cat Investors Suffering $50K+ Losses Have Options, Deadline July 21
ByAinvest
Wednesday, Jul 16, 2025 11:18 am ET1min read
Faruqi & Faruqi LLP is investigating potential claims against Red Cat Holdings, Inc. for investors who suffered losses exceeding $50,000 between March 18, 2022 and January 15, 2025. The investigation focuses on the company's alleged misstatements and omissions related to its business operations. Investors are encouraged to contact Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal rights. The deadline to seek the role of lead plaintiff is July 21, 2025.
Faruqi & Faruqi LLP, a leading national securities law firm, is currently investigating potential claims against Red Cat Holdings, Inc. (NASDAQ: RCAT) on behalf of investors who suffered losses exceeding $50,000 between March 18, 2022 and January 15, 2025. The investigation focuses on alleged misstatements and omissions related to the company's business operations during this period.According to the firm, investors who purchased or acquired securities in Red Cat during the specified timeframe may be eligible to participate in a class action lawsuit. The investigation centers on allegations that Red Cat Holdings, Inc. made false and misleading statements regarding its Salt Lake City Facility's production capacity and the overall value of the SRR Program's Tranche 2 contract. These alleged misstatements are said to have materially affected the company's public statements and led to significant investor losses.
Investors are encouraged to contact Josh Wilson, partner at Faruqi & Faruqi, directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal rights. The deadline to seek the role of lead plaintiff in the class action is July 21, 2025. Shareholders who wish to participate in the lawsuit do not need to take any action to be eligible for a recovery. They can remain as absent class members if they choose not to participate.
Faruqi & Faruqi LLP has recovered hundreds of millions of dollars for investors since its founding in 1995 and is dedicated to helping shareholders recover losses and improve corporate governance structures.
[1] https://www.marketscreener.com/quote/stock/RED-CAT-HOLDINGS-INC-120797502/news/Faruqi-Faruqi-Reminds-Red-Cat-Investors-of-the-Pending-Class-Action-Lawsuit-with-a-Lead-Plaintiff-50513647/
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