Workflow
BlackRock TCP Capital (TCPC)
icon
Search documents
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of BlackRock TCP
TMX Newsfile· 2026-02-09 22:06
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 discuss their 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 Market Reaction - On February 27, 2025, BlackRock TCP reported a significant weakening of 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% from 3.7% to 14.4% of the portfolio [5]. - The company's NAV fell by 22.44% year over year to $9.23 per share, with total losses reaching $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, BlackRock TCP's stock price dropped by $0.90, or 9.64%, to close at $8.44 per share on February 27, 2025 [5]. - On January 23, 2026, the company 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 prior year [6]. - This announcement led to a further decline in stock price by $0.76, or 12.97%, closing at $5.10 per share on January 26, 2026 [6].
TCPC Class Action Notice: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the BlackRock TCP Capital Corp. Class Action
Globenewswire· 2026-02-09 21:33
Core Viewpoint - A class action has been filed against BlackRock TCP Capital Corp. for allegedly misleading investors regarding its business prospects and financial performance [1][2]. Allegations - The complaint alleges that during the class period, BlackRock TCP failed to disclose several critical issues: - The company's investments were not being timely and/or appropriately valued [2] - Efforts at portfolio restructuring were ineffective in resolving challenged credits or improving portfolio quality [2] - Unrealized losses were understated, leading to an overstated net asset value (NAV) [2] - Positive statements made by the company regarding its business and prospects were materially misleading [2] Financial Disclosure - On January 23, 2026, BlackRock TCP disclosed that its NAV per share as of December 31, 2025, was in the range of $7.05 to $7.09, which is 19% less than the previous quarter and 23.4% less than the previous year [3] - Following this disclosure, the stock price fell by $0.76, or 12.97%, closing at $5.10 per share on January 26, 2026 [3] Class Action Participation - Shareholders may be eligible to participate in the class action against BlackRock TCP, with a deadline to file as lead plaintiff by April 6, 2026 [4]
Bronstein, Gewirtz & Grossman LLC Urges BlackRock TCP Capital Corp. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2026-02-09 17:00
Core Viewpoint - A class action lawsuit has been filed against BlackRock TCP Capital Corp. and certain officers for alleged violations of federal securities laws during the Class Period from November 6, 2024, to January 23, 2026 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased BlackRock securities during the specified Class Period [2]. - Allegations include that the defendants made false or misleading statements and failed to disclose critical information regarding the company's investments and portfolio restructuring efforts [3]. - Specific claims include that the company's investments were not valued appropriately, unrealized losses were understated, and the net asset value (NAV) was overstated [3]. Group 2: Next Steps for Investors - Investors wishing to join the lawsuit must request to be appointed as lead plaintiff by April 6, 2026, although participation in any recovery does not require serving as lead plaintiff [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in similar cases [6].
TCPC SHAREHOLDER ACTION: Faruqi & Faruqi, LLP Reminds BlackRock TCP Investors of the Securities Class Action Lawsuit Deadline on April 6, 2026
TMX Newsfile· 2026-02-08 18:28
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 come forward [2][4]. Group 1: Legal Investigation - The law firm is specifically looking into claims from investors who suffered losses exceeding $50,000 from BlackRock TCP between November 6, 2024, and January 23, 2026 [1][2]. - A federal securities class action has been filed against BlackRock TCP, with a deadline of April 6, 2026, for investors to seek the role of lead plaintiff [2][5]. Group 2: Allegations Against BlackRock TCP - The complaint alleges that BlackRock TCP and its executives made false and misleading statements regarding the valuation of the company's investments and the effectiveness of its portfolio restructuring efforts [4]. - It is claimed that the company's unrealized losses were understated and that the net asset value (NAV) was overstated, leading to materially misleading statements about the company's business and prospects [4]. Group 3: Firm Background - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [3].
Deadline Approaching: BlackRock TCP Capital Corp. (TCPC) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Businesswire· 2026-02-06 17:34
Group 1 - The article highlights the upcoming deadline of April 6, 2026, for filing a lead plaintiff motion in a case concerning BlackRock TCP Capital Corp. [1] - The case is on behalf of investors who purchased BlackRock TCP Capital Corp. securities during the class period from November 6, 2024, to January 23, 2026 [1] - Investors who suffered losses in BlackRock TCP Capital Corp. are encouraged to contact the Law Offices of Howard G. Smith for assistance [1]
DEADLINE ALERT for TCPC and ORCL: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
Globenewswire· 2026-02-06 17:06
Core Viewpoint - Class action lawsuits have been filed on behalf of shareholders of BlackRock TCP Capital Corp. and Oracle Corporation, alleging that both companies made materially false and misleading statements regarding their business operations and financial health [2][3]. Group 1: BlackRock TCP Capital Corp. - 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 that the company failed to disclose that its investments were not being timely or appropriately valued, and that its portfolio restructuring efforts were ineffective [2]. - The complaint states that the company's unrealized losses were understated and its net asset value (NAV) was overstated, leading to materially misleading positive statements about its business [2]. Group 2: Oracle Corporation - The class period for Oracle Corporation is from June 12, 2025, to December 16, 2025, also with a lead plaintiff deadline of April 6, 2026 [3]. - Allegations against Oracle include failure to disclose that its AI infrastructure strategy would lead to significant increases in capital expenditures without corresponding near-term revenue growth [3]. - The complaint highlights that increased spending posed risks to Oracle's debt, credit rating, and free cash flow, rendering positive statements about the company's prospects materially misleading [3].
TCPC Stockholder Alert: Robbins LLP Reminds Investors of the Class Action Lawsuit Against BlackRock TCP Capital Corp.
Prnewswire· 2026-02-06 04:21
Core Viewpoint - A class action has been filed against BlackRock TCP Capital Corp. for allegedly misleading investors regarding its business prospects and financial health during a specified period [1][2]. Group 1: Allegations - The complaint alleges that BlackRock TCP failed to disclose that its investments were not being timely or appropriately valued [2] - It is claimed that the company's portfolio restructuring efforts were ineffective in resolving challenged credits or improving portfolio quality [2] - The company's unrealized losses were reportedly understated, leading to an overstated Net Asset Value (NAV) [2] - Positive statements made by the defendants about the company's business and prospects were deemed materially misleading [2] Group 2: Financial Disclosure - On January 23, 2026, BlackRock TCP disclosed that its NAV per share as of December 31, 2025, was between $7.05 and $7.09, which is 19% lower than the previous quarter and 23.4% lower than the previous year [3] - Following this disclosure, the stock price fell by $0.76, or 12.97%, closing at $5.10 per share on January 26, 2026 [3] Group 3: Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers with the court by April 6, 2026 [4] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]
Law Offices of Frank R. Cruz Encourages BlackRock TCP Capital Corp. (TCPC) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-02-05 17:06
Core Viewpoint - The Law Offices of Frank R. Cruz is encouraging shareholders of BlackRock TCP Capital Corp. (TCPC) to inquire about a potential securities fraud class action lawsuit [1] Group 1 - The law firm is actively promoting the investigation into possible securities fraud involving TCPC [1] - Shareholders are urged to seek more information regarding their rights and potential claims [1]
Investor Notice: Shareholder Rights Law Firm Robbins LLP Informs Investors of the BlackRock TCP Capital Corp. Securities Class Action Lawsuit
Businesswire· 2026-02-05 00:33
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired BlackRock TCP Capital Corp. (NASDAQ: TCPC) securities between November 6, 2024, and January 23, 2026, alleging that the company misled investors regarding its business prospects [1][2]. Group 1: Allegations Against BlackRock TCP - The complaint alleges that during the class period, BlackRock TCP failed to disclose that its investments were not being timely or appropriately valued [2]. - It is claimed that the company's portfolio restructuring efforts were ineffective in resolving challenged credits or improving portfolio quality [2]. - The lawsuit asserts that the company's unrealized losses were understated, leading to an overstatement of the company's net asset value (NAV) [2]. - As a result of these issues, the positive statements made by the defendants about the company's business and prospects were materially misleading [2]. Group 2: Financial Disclosure and Impact - On January 23, 2026, BlackRock TCP disclosed that its NAV per share as of December 31, 2025, was between $7.05 and $7.09, which is 19% lower than the previous quarter and 23.4% lower than the previous year [3]. - Following this disclosure, BlackRock TCP's stock price dropped by $0.76, or 12.97%, closing at $5.10 per share on January 26, 2026 [3]. Group 3: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must file their papers with the court by April 6, 2026 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4].
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against BlackRock TCP Capital Corp. (TCPC)
Globenewswire· 2026-02-04 19:53
Group 1 - A securities class action lawsuit has been filed against BlackRock TCP Capital Corp. for alleged misrepresentations during the class period from November 6, 2024, to January 23, 2026 [1] - The lawsuit claims that BlackRock failed to disclose that its investments were not being valued appropriately, and that its portfolio restructuring efforts were ineffective, leading to understated unrealized losses and overstated net asset value (NAV) [2] - On February 27, 2025, BlackRock disclosed that the number of portfolio companies on non-accrual status had more than doubled, and its NAV had fallen over 22% year over year to $9.23 per share, despite claiming that the NAV was accurate [3] Group 2 - The lawsuit invites investors who purchased BlackRock shares to contact the firm before the April 6, 2026, lead plaintiff motion deadline [4] - The lead plaintiff will act on behalf of other class members in directing the litigation [4]