Investigation for Long-Term Investors in NYSE:RSO Shares over Potential Wrongdoing at Resource Capital Corp.

An investigation on behalf of current long term investors in Resource Capital Corp. (NYSE:RSO) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NYSE:RSO stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 11/01/2016 --An investigation on behalf of investors in shares of Resource Capital Corp. (NYSE:RSO) was announced concerning potential breaches of fiduciary duties by certain Resource Capital directors.

Investors who are current long term investors in Resource Capital Corp. (NYSE:RSO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm for investors in NYSE:RSO stocks follows a lawsuit pending against Resource Capital Corp. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE:RSO stocks, concerns whether certain Resource Capital directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the defendants 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.

Shares of Resource Capital Corp. (NYSE:RSO) closed on October 28, 2016 at $12.28 per share.

Those who purchased shares of Resource Capital Corp. 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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/737745