Glancy Prongay & Murray LLP ("GPM") announces the filing of a class action lawsuit on behalf of investors of Resource Capital Corp. ("Resource Capital" or the "Company") (NYSE: RSO) securities between March 2, 2015 and August 4, 2015, inclusive (the "Class Period"). Resource Capital investors have until November 9, 2015 to file a lead plaintiff motion. Investors who suffered losses on their investment in Resource Capital securities are encouraged to contact Lesley Portnoy, Esq. to discuss their legal rights in this class action.

The complaint alleges that the Company misled investors regarding Resource Capital's commercial loan portfolio, and the lack of adequate controls for measuring credit risk, and marking down loans that were underperforming. On August 4, 2015, the Company announced a net loss based on a $41.1 million allowance for loan loss, shares of Resource Capital fell significantly thereby damaging investors. The class action lawsuit has been filed to recover damages on behalf of Resource Capital investors.

If you purchased shares of Resource Capital during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to, or visit our website at If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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