BlackRock TCP Capital (TCPC)
Search documents
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]
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of BlackRock TCP Capital Corp.(TCPC) Shareholders
Prnewswire· 2026-02-12 20:00
Core Viewpoint - The Gross Law Firm has announced a securities class action on behalf of shareholders of BlackRock TCP Capital Corp. (TCPC), alleging that the company made materially false and misleading statements regarding its investments and financial health during the class period from November 6, 2024, to January 23, 2026 [1]. Group 1: Allegations - The complaint alleges that the company's investments were not being timely and appropriately valued [1]. - It is claimed that the company's portfolio restructuring efforts were ineffective in resolving challenged credits or improving portfolio quality [1]. - The complaint states that the company's unrealized losses were understated, leading to an overstated net asset value [1]. - As a result of these issues, the defendants' positive statements about the company's business and prospects were materially misleading [1]. Group 2: Class Action Details - Shareholders who purchased TCPC shares during the specified class period are encouraged to register for the class action, with a deadline of April 6, 2026, to seek lead plaintiff status [1]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case [1]. - Participation in the case incurs no cost or obligation for shareholders [1].
Portnoy Law Firm Announces Class Action on Behalf of BlackRock TCP Capital Corp. Investors
Globenewswire· 2026-02-12 16:42
LOS ANGELES, Feb. 12, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises BlackRock TCP Capital Corp., (“BlackRock” or the "Company") (NASDAQ: TCPC) investors off a class action on behalf of investors that bought securities between November 6, 2024 and January 23, 2026, inclusive (the “Class Period”). BlackRock investors have until April 6, 2026 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss ...
BLACKROCK TCP CAPITAL CORP. (TCPC) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds BlackRock TCP Capital Corp. Investors of Upcoming Deadline
Globenewswire· 2026-02-12 15:12
NEW YORK, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds BlackRock TCP Capital Corp. (“BlackRock” or the “Company”) (NASDAQ: TCPC) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join The BlackRock Class Action Lawsuit: Do you, or did you, own shares of BlackRock TCP Capital Corp. (TCPC)?Did you purchase your shares between November 6, 2024 and January 23, 2026, i ...
BlackRock TCP Capital Corp. (TCPC) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2026-02-11 20:17
Core Viewpoint - BlackRock TCP Capital Corp. is facing a securities fraud class action lawsuit due to alleged misrepresentations regarding the valuation of its investments and the quality of its portfolio [1] Group 1: Lawsuit Details - The lawsuit claims that from November 6, 2024, to January 23, 2026, the company failed to disclose that its investments were not being valued appropriately [1] - Allegations include ineffective portfolio restructuring efforts that did not resolve challenged credits or improve portfolio quality [1] - The complaint states that the company's unrealized losses were understated, leading to an overstated Net Asset Value (NAV) [1] Group 2: Investor Participation - Investors who suffered losses in BlackRock TCP Capital Corp. are encouraged to contact the Law Offices of Howard G. Smith to participate in the class action lawsuit [1] - The deadline for potential lead plaintiffs to join the lawsuit is April 6, 2026 [1] - Interested investors can retain counsel or remain absent members of the class action without taking immediate action [1]
TCPC SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds BlackRock TCP (TCPC) Investors of Securities Class Action Deadline on April 6, 2026
Prnewswire· 2026-02-11 14:41
Core Viewpoint - The article discusses a securities class action against BlackRock TCP Capital Corp, highlighting allegations of misleading statements and failure to disclose critical financial information, with a deadline for investors to seek lead plaintiff status by April 6, 2026 [1][2]. Financial Performance - BlackRock TCP's portfolio significantly weakened during the 2024 fiscal year, with the number of portfolio companies on non-accrual status more than doubling, leading to a 289% increase in debt investments on non-accrual status at cost, rising from 3.7% to 14.4% of the portfolio [1][2]. - The company's net asset value (NAV) fell by 22.44% year over year to $9.23 per share, while total losses, both realized and unrealized, surged to $194.9 million for the fiscal year, marking a 186% increase year over year, largely due to a $72.3 million net unrealized loss in the fourth quarter [1][2]. - Following the financial disclosures, BlackRock TCP's stock price dropped by $0.90, or 9.64%, to close at $8.44 per share on February 27, 2025, and further fell by $0.76, or 12.97%, to close at $5.10 per share on January 26, 2026, after revealing a NAV per share of $7.05 to $7.09, which was 19% lower than the previous quarter and 23.4% lower than the prior year [1][2]. Legal Proceedings - The complaint alleges that BlackRock TCP and its executives violated federal securities laws by making false or misleading statements and failing to disclose that the company's investments were not being appropriately valued, and that their portfolio restructuring efforts were ineffective [1][2]. - Investors who purchased securities between November 6, 2024, and January 23, 2026, are encouraged to contact Faruqi & Faruqi, LLP to discuss their legal rights and options regarding the class action [1][2].
Rosen Law Firm Urges BlackRock TCP Capital Corp. (NASDAQ: TCPC) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Businesswire· 2026-02-11 00:00
Group 1 - Rosen Law Firm has announced a class action lawsuit on behalf of shareholders of BlackRock TCP Capital Corp. (NASDAQ: TCPC) for the period between November 6, 2024, and January 23, 2026 [1] - The lawsuit alleges that BlackRock TCP misled investors regarding its business operations, including failing to disclose that investments were not being timely or appropriately valued [1] - The firm claims 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 prospects [1] Group 2 - Shareholders wishing to serve as lead plaintiffs must file motions with the court by April 6, 2026, and they do not need to participate in the case to be eligible for recovery [1] - Rosen Law Firm operates on a contingency fee basis, meaning shareholders pay no fees or expenses unless they recover losses [1] - The firm has a history of obtaining over $1 billion for shareholders and is recognized for its commitment to shareholder rights litigation [1]
Deadline Alert: BlackRock TCP Capital Corp. (TCPC) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Globenewswire· 2026-02-10 18:04
Core Viewpoint - The article discusses a class action lawsuit against BlackRock TCP Capital Corp. due to significant financial losses and misleading statements made by the company regarding its portfolio and net asset value during the class period from November 6, 2024, to January 23, 2026 [1][4]. Financial Performance - On February 27, 2025, BlackRock announced that its portfolio had weakened significantly, with the number of portfolio companies on non-accrual status more than doubling, leading to a 289% increase in debt investments on non-accrual status at cost, rising from 3.7% to 14.4% of the portfolio [2]. - The company's net asset value (NAV) fell by 22.44% year over year to $9.23 per share, with total losses reaching $194,895,042 for the fiscal year, a 186% increase year over year, largely due to a $72.3 million net unrealized loss in the fourth quarter [2]. - On January 23, 2026, BlackRock 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 [3]. Lawsuit Details - The class action lawsuit alleges that BlackRock made materially false and misleading statements and failed to disclose adverse facts about its business and operations, including issues with timely valuation of investments and ineffective portfolio restructuring efforts [4]. - The lawsuit claims that these misrepresentations led to an understatement of unrealized losses and an overstatement of NAV, making the company's positive statements about its business misleading [4]. Legal Action - Investors who purchased BlackRock securities during the class period are encouraged to file a lead plaintiff motion by April 6, 2026, to participate in the class action lawsuit [5].
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against BlackRock TCP Capital Corp. (TCPC)
Globenewswire· 2026-02-10 15:47
Core Viewpoint - A shareholder has filed a securities class action lawsuit against BlackRock TCP Capital Corp. for alleged misrepresentations regarding the valuation of the Company's investments during a specified period [1][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased or acquired BlackRock securities between November 6, 2024, and January 23, 2026 [1]. - Defendants are accused of making misrepresentations concerning the valuation of the Company's investments [4]. Group 2: Legal Process - Investors wishing to serve as lead plaintiff must file papers by April 6, 2026, and can still share in any recovery without being the lead plaintiff [3]. - All representation in the lawsuit is on a contingency fee basis, meaning shareholders pay no fees or expenses [3]. Group 3: Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since its inception in 1993 and has represented large public and private pension funds [5]. - The firm has been recognized multiple times for its success in litigating class actions [5].