A lawsuit was filed on behalf of investors in Resource Capital Corp. (NYSE:RSO) shares over alleged securities laws violations and NYSE:RSO investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 09/30/2015 --An investor, who purchased shares of Resource Capital Corp. (NYSE:RSO), filed a lawsuit in the U.S. over alleged violations of Federal Securities Laws by Resource Capital Corp. (NYSE:RSO in connection with certain allegedly false and misleading statements made between March 2, 2015 and April 4, 2015.

Investors who purchased shares of Resource Capital Corp. (NYSE:RSO) have certain options and for certain investors are short and strict deadlines running. Deadline: November 9, 2015. NYSE:RSO investors should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Resource Capital Corp. (NYSE:RSO) common shares between March 2, 2015 and April 4, 2015, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 2, 2015 and April 4, 2015 issued allegedly materially false and misleading statements and/or failed to disclose material information regarding the risk of Resource Capital's commercial loans portfolio and its processes and controls for assessing the quality of its portfolio.

On August 5, 2015, Resource Capital Corp announced a net loss of $0.24 per share during the quarter ended June 30, 2015 caused by a charge of more than $41 million stemming from the impairment of a loan made to a luxury hotel in Puerto Rico. As a result of this news, Resource Capital Corp's stock price plunged approximately 12% from its August 4, 2015 closing price of $3.48 to close at $3.05 per share on August 5, 2015.

On September 29, 2015, Shares of Resource Capital Corp. (NYSE:RSO) closed at $11.06 per share.

Those who purchased shares of Resource Capital Corp. (NYSE:RSO) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com