BlackRock TCP Capital (TCPC)
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TCPC Investors Have Opportunity to Lead BlackRock TCP Capital Corp. Securities Fraud Lawsuit
Prnewswire· 2026-02-17 00:31
Core Viewpoint - A class action lawsuit has been initiated against BlackRock TCP Capital Corp. for alleged securities fraud, with a focus on misleading statements and undisclosed adverse facts regarding the company's business and operations during the specified Class Period from November 6, 2024, to January 23, 2026 [1]. Group 1: Lawsuit Details - The lawsuit claims that BlackRock TCP's investments were not being valued appropriately, leading to understated unrealized losses and overstated net asset value (NAV) [1]. - Defendants allegedly failed to disclose that portfolio restructuring efforts were ineffective in resolving credit challenges or improving portfolio quality [1]. - The misleading statements made by the defendants about BlackRock TCP's business and prospects resulted in investor damages when the true details became public [1]. Group 2: Legal Process and Participation - Investors who purchased BlackRock TCP securities during the Class Period may be entitled to compensation without upfront costs through a contingency fee arrangement [1]. - To participate in the class action, investors must act by April 6, 2026, to serve as lead plaintiff or can choose to remain absent and still be eligible for any potential recovery [1]. - The Rosen Law Firm, which is leading the class action, has a strong track record in securities class actions and has recovered significant amounts for investors in the past [1].
TCPC INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds BlackRock TCP (TCPC) Investors of Securities Class Action Deadline on April 6, 2026
TMX Newsfile· 2026-02-16 14:25
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against BlackRock TCP Capital Corp due to allegations of violations of federal securities laws, encouraging affected investors to contact them for legal options [2][4]. Group 1: Legal Investigation and Claims - The law firm is reminding investors of the April 6, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against BlackRock TCP [2]. - The complaint alleges that BlackRock TCP and its executives made false or misleading statements regarding the valuation of investments and the quality of the portfolio, leading to understated unrealized losses and overstated net asset value (NAV) [4]. Group 2: Financial Performance and Stock Impact - On February 27, 2025, BlackRock TCP reported significant weakening in its portfolio, with the number of portfolio companies on non-accrual status more than doubling and debt investments on non-accrual status increasing by 289%, resulting in a 22.44% year-over-year decline in NAV to $9.23 per share [5]. - Total losses for the fiscal year reached $194.9 million, a 186% increase year-over-year, largely due to a $72.3 million net unrealized loss in the fourth quarter [5]. - Following the financial disclosures, the stock price fell by $0.90, or 9.64%, to close at $8.44 per share on February 27, 2025 [5]. - On January 23, 2026, BlackRock TCP disclosed that its NAV per share was actually between $7.05 and $7.09, which was 19% lower than the previous quarter and 23.4% lower than the previous year, leading to a stock price drop of $0.76, or 12.97%, to close at $5.10 per share [6].
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages BlackRock TCP Capital Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TCPC
Globenewswire· 2026-02-16 00:38
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of BlackRock TCP Capital Corp. securities during the specified Class Period, indicating potential legal issues surrounding the company's disclosures and valuations [1][5]. Group 1: Lawsuit Details - The class action lawsuit pertains to securities purchased between November 6, 2024, and January 23, 2026 [1]. - Defendants allegedly made materially false and misleading statements and failed to disclose adverse facts about BlackRock TCP's business, including issues with investment valuations and portfolio restructuring [5]. - The lawsuit claims that BlackRock TCP's unrealized losses were understated and its net asset value (NAV) was overstated, leading to misleading positive statements about the company's prospects [5]. Group 2: Participation Information - Investors who purchased BlackRock TCP securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by April 6, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
ROSEN, LEADING INVESTOR COUNSEL, Encourages BlackRock TCP Capital Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TCPC
TMX Newsfile· 2026-02-16 00:25
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of BlackRock TCP Capital Corp. securities, alleging that the company made materially false and misleading statements regarding its business and operations during the specified class period from November 6, 2024, to January 23, 2026 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that BlackRock TCP's investments were not being timely and appropriately valued, and that efforts at portfolio restructuring were ineffective [5]. - The lawsuit alleges that BlackRock TCP's unrealized losses were understated and its net asset value (NAV) was overstated, leading to materially misleading statements about the company's business prospects [5]. Group 2: Participation Information - Investors who purchased BlackRock TCP securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6].
TCPC CLASS ACTION REMINDER: Faruqi & Faruqi, LLP Reminds BlackRock TCP (TCPC) Investors of Securities Class Action Deadline on April 6, 2026
Globenewswire· 2026-02-15 13:02
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 BlackRock TCP To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in BlackRock TCP between November 6, 2024 and January 23, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Feb. 15, 20 ...
ROSEN, A LEADING LAW FIRM, Encourages BlackRock TCP Capital Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TCPC
TMX Newsfile· 2026-02-15 00:28
Core Viewpoint - A class action lawsuit has been filed against BlackRock TCP Capital Corp. for allegedly making materially false and misleading statements regarding its business operations and financial health during the Class Period from November 6, 2024, to January 23, 2026 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that BlackRock TCP failed to disclose that its investments were not being appropriately valued, which led to understated unrealized losses and an overstated net asset value (NAV) [5]. - Defendants allegedly made positive statements about BlackRock TCP's business that were materially misleading and lacked a reasonable basis [5]. - Investors are encouraged to join the class action to seek compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - The Rosen Law Firm, which is leading the class action, has a strong track record in securities class actions, having recovered hundreds of millions of dollars for investors [4]. - The firm was ranked No. 1 for the number of securities class action settlements in 2017 and has consistently been in the top ranks since 2013 [4]. - Investors are advised to select qualified counsel with a proven success record, as many firms may not have comparable experience [4].
ROSEN, NATIONAL TRIAL LAWYERS, Encourages BlackRock TCP Capital Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TCPC
TMX Newsfile· 2026-02-14 00:28
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of BlackRock TCP Capital Corp. securities, alleging that the company made materially false and misleading statements regarding its business and operations during the specified class period from November 6, 2024, to January 23, 2026 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that BlackRock TCP failed to disclose significant adverse facts about its investments, including improper valuation and ineffective portfolio restructuring, leading to understated unrealized losses and overstated net asset value (NAV) [5]. - Investors who purchased BlackRock TCP securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly. A lead plaintiff must file a motion by April 6, 2026, to represent other class members [3][6]. - It is noted that no class has been certified yet, and investors are not represented by counsel unless they retain one [7]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company. The firm has consistently ranked highly in terms of the number of settlements [4].
DEADLINE ALERT for TCPC, ORCL, PSFE, and INO: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
Globenewswire· 2026-02-13 17:08
Core Viewpoint - Class action lawsuits have been filed against several publicly-traded companies, alleging that these companies made materially false and misleading statements regarding their business operations and financial prospects, leading to investor losses. Group 1: BlackRock TCP Capital Corp. (NASDAQ: TCPC) - The class period for BlackRock TCP Capital Corp. is from November 6, 2024, to January 23, 2026, with a lead plaintiff deadline of April 6, 2026 [2] - Allegations include failure to disclose that investments were not being timely valued, restructuring efforts were ineffective, unrealized losses were understated, and NAV was overstated, leading to misleading positive statements about the company's prospects [2] Group 2: Oracle Corporation (NYSE: ORCL) - The class period for Oracle Corporation is from June 12, 2025, to December 16, 2025, with a lead plaintiff deadline of April 6, 2026 [3] - Allegations state that Oracle's AI infrastructure strategy would lead to significant increases in capital expenditures without corresponding revenue growth, creating risks related to debt, credit rating, and cash flow, thus rendering positive statements misleading [3] Group 3: Paysafe Limited (NYSE: PSFE) - The class period for Paysafe Limited is from March 4, 2025, to November 12, 2025, with a lead plaintiff deadline of April 7, 2026 [4] - Allegations include significant exposure to a high-risk client, understated credit loss reserves, issues with higher risk Merchant Category Codes, and an inability to meet previously issued financial guidance for fiscal year 2025, leading to misleading positive statements [4] Group 4: Inovio Pharmaceuticals, Inc. (NASDAQ: INO) - The class period for Inovio Pharmaceuticals is from October 10, 2023, to December 26, 2025, with a lead plaintiff deadline of April 7, 2026 [5] - Allegations indicate deficiencies in manufacturing for Inovio's CELLECTRA device, unlikelihood of submitting the INO-3107 BLA to the FDA on time, and overstated regulatory and commercial prospects, resulting in misleading positive statements [6]
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages BlackRock TCP Capital Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TCPC
Globenewswire· 2026-02-12 23:44
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of BlackRock TCP Capital Corp. securities, alleging that the company made materially false and misleading statements regarding its business operations and financial health during the specified Class Period from November 6, 2024, to January 23, 2026 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that BlackRock TCP's investments were not being timely and appropriately valued, leading to understated unrealized losses and overstated net asset value (NAV) [5]. - Defendants allegedly failed to disclose material adverse facts about BlackRock TCP's business, including ineffective portfolio restructuring efforts [5]. - The lawsuit asserts that the misleading statements made by the defendants resulted in damages to investors when the true details became public [5]. Group 2: Participation Information - Investors who purchased BlackRock TCP securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must move the Court by April 6, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - Founding partner Laurence Rosen has received recognition as a leading figure in the plaintiffs' bar, further establishing the firm's credibility [4].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in BlackRock TCP Capital Corp. of Class Action Lawsuit and Upcoming Deadlines - TCPC

Prnewswire· 2026-02-12 23:42
Core Viewpoint - A class action lawsuit has been filed against BlackRock TCP Capital Corp. for alleged securities fraud and unlawful business practices, with significant declines in net asset value (NAV) reported [1] Summary by Relevant Sections Class Action Lawsuit - The lawsuit is initiated by Pomerantz LLP, advising investors with losses to contact them for potential participation as Lead Plaintiff [1] - Investors have until April 6, 2026, to join the class action if they purchased BlackRock TCP securities during the specified Class Period [1] Financial Performance - On February 27, 2025, BlackRock TCP reported that the number of portfolio companies on non-accrual status had more than doubled, and its NAV fell over 22% year-over-year to $9.23 per share [1] - Despite the decline, BlackRock TCP maintained that its NAV was accurate, claiming that the majority of its portfolio continued to perform well [1] - Following this announcement, BlackRock TCP's stock price dropped by 9.6% [1] Subsequent NAV Disclosure - On January 23, 2026, BlackRock TCP disclosed that its NAV per share as of December 31, 2025, was actually between $7.05 and $7.09, representing a 19% decrease from the previous quarter and a 23.4% decrease from the prior year [1] - This revelation led to a nearly 13% decline in BlackRock TCP's stock price [1]