Adam Wyden

Orchid Wealth

Scott Buck

- On **September 16, 2025**, RCI Hospitality Holdings, Inc. (RICK) shares **declined almost 16%** after the New York Attorney General (NYAG) filed a Grand Jury indictment.  **[935419_20250917SF76215:0]** 
- The indictment accuses RCI, CEO **Eric Langan**, CFO **Bradley Chhay**, and others of **bribery, conspiracy, and criminal tax fraud**.  **[935419_20250917SF76215:0]** 
- These charges stem from an alleged scheme to bribe a government tax auditor to avoid sales tax assessments for RCI's New York strip clubs.  **[935419_20250917SF76215:0]** 
- Shareholder rights firm Hagens Berman has opened an investigation into whether RCI misled investors about its adherence to laws, internal controls, and accounting rules.  **[935419_20250917SF76215:0]**

RCI HOSPITALITY HOLDINGS (RICK)