What Is the BlackRock TCP Capital Corp. (TCPC) Class Action Lawsuit About?
Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against BlackRock TCP Capital Corp. (NASDAQ: TCPC) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired BlackRock securities between November 6, 2024, and January 23, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case.
What Does the BlackRock TCP Capital Corp. Securities Class Action Allege?
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that
- the Company’s investments were not being timely and/or appropriately valued;
- the Company’s efforts at portfolio restructuring were not effectively resolving challenged credits or improving the quality of the portfolio;
- as a result, the Company’s unrealized losses were understated;
- as a result, the Company’s NAV was overstated; and
- that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What’s Next for BlackRock Investors?
A class action lawsuit has already been filed. You may review a copy of the Complaint. You may also contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 917-590-0911. If you suffered a loss in BlackRock you have until April 6, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff.
How Is BlackRock (NASDAQ: TCPC) Stock Trading Today?
Interactive chart showing the weekly share price history of TCPC (TCPC).
How Is BG&G Representing Investors in Securities Class Actions?
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”