In the hospitality industry, general counsels are often tasked with keeping up with evolving laws and regulations. The company’s legal department is also responsible for ensuring compliance with existing standards and policies.
The rci hospitality lawsuit is a legal case that was filed by the company Rci Hospitality against its former CEO, president, and CFO for fraud. The lawsuit alleges that the defendants made false representations to investors about their financial condition.
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Welcome to the blog of Rci Hospitality General Counsel, a website dedicated to providing insightful legal information about one of the most influential hospitality companies in the world ufffd Rickufffds Cabaret Inc.
Who owns RCI Hospitality?
The company is owned by a number of different shareholders, with the largest being RCI Hospitality Holdings, Inc. (NASDAQ: RICK). This holding company is responsible for a number of subsidiaries, including Bombshells Restaurant and Bar and Rick’s Cabaret International.
RCI Hospitality CEO
According to Bloomberg, “RCI Hospitality Holdings, Inc. operates as a holding company. The Company, through its subsidiaries, owns and operates adult nightclubs, bars, restaurants, and sports bars.”
Its subsidiaries include Bombshells Restaurant & Bar, Rick’s Cabaret International, Inc., XTC Cabaret Dallas, New Orleans Gentlemens Club LLC., Vivid Cabaret NYC LLC., Vivid Gentleman’s Club Houston LLC., Players DFW Sports Lounge Inc., PT’s Showclub Denver I-25 LLC., PT’s Showclub Denver II LLC., Midtowne Spa Milwaukee Wisconsin Corp., Midtowne Spa Houston Texas Corp. among others.
The company was founded in 1975 and is headquartered in Houston, TX.
RCI Hospitality Holdings subsidiaries
RCI Hospitality Holdings, Inc. owns and operates two subsidiaries: Rick’s Cabaret International, Inc. and Bombshells Restaurant & Bar.
Rick’s Cabaret International, Inc. is a gentlemen’s club chain with locations across the United States. The company was founded in 1983 and is headquartered in Houston, Texas.
Bombshells Restaurant & Bar is a chain of sports bars/restaurants with locations in Texas, Louisiana, and Florida. The company was founded in 2008 and is headquartered in Dallas, Texas.
Rci Hospitality Holdings, Inc. (NASDAQ: RICK) is a publicly traded American holding company that owns, operates or franchises more than 185 adult nightclubs under the “Rick’s Cabaret”, “XTC”, “Club Onyx”, “Vivid Cabaret”, “Jaguars Gold Club” and other brand names. The company is headquartered in Houston, Texas and was founded in 1991.
The company operates through three segments: Nightclubs, Bars/Restaurants, and Other Businesses. The Nightclubs segment includes the operation of upscale adult nightclubs serving primarily liquor and offering live adult entertainment performances. The Bars/Restaurants segment consists of bars and restaurants that offer food and beverage services to patrons in a social setting, including the Hooters chain of restaurants. The Other Businesses segment comprises businesses engaged in sports bar operations, internet advertising revenues from websites affiliated with the Company’s clubs and liquor sales to non-affiliated third-party retailers.
Rci Hospitality Holdings was founded by Robert Watters in 1991. He served as CEO until his death in 2018 when he was succeeded by Eric Langan who had been serving as President since 2009.
Keith Hock serves as Chief Financial Officer while Mark Henneberry is Chief Operating Officer overseeing Rick’s Cabaret locations nationwide. Bombshells Corporate Office oversees all Bombshells locations which are all located across Texas except for one location in Louisiana . Headquarters for both companies are based out of Houston .
All aspects of day to day operations for each subsidiary are managed by their own corporate offices but report to Rci Hospitality Holdings headquarters for financial purposes .
Bombshells corporate office
Bombshells is a holding company that owns several restaurant chains, including Rick’s Cabaret, RCI Hospitality, and Bombshells. The company is headquartered in Dallas, Texas.
Rick’s Cabaret is a chain of gentlemen’s clubs that operates locations across the United States.
RCI Hospitality Holdings, Inc. is a publicly traded holding company that owns and operates adult nightclubs and restaurants under the brand names “Rick’s Cabaret,” “Club Onyx,” “XTC” and “Paula Deen’s Creek House.”
Bombshells are a chain of sports bars/restaurants with locations across the southern United States.
The “rci hospitality investor relations” is the company’s way of informing potential investors about their financial position and progress. The company also has a website that can be found by going to “www.rcihospitality.com”.