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]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against BlackRock TCP Capital Corp. due to allegations of violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by April 6, 2026 [1][3]. Financial Performance and Allegations - The complaint alleges that BlackRock TCP and its executives made false or misleading statements regarding the valuation of the Company's investments and the effectiveness of its portfolio restructuring efforts [3]. - The Company'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 [4]. - The net asset value (NAV) of the Company fell by 22.44% year over year to $9.23 per share, with total losses reaching $194,895,042, a 186% increase year over year [4]. - Following the release of the 2024 financial results, the stock price dropped by $0.90, or 9.64%, to close at $8.44 per share on February 27, 2025 [4]. - On January 23, 2026, BlackRock TCP disclosed that its NAV per share was actually between $7.05 and $7.09, which was 19% less than the previous quarter and 23.4% less than the prior year, resulting in a stock price decline of $0.76, or 12.97%, to close at $5.10 per share on January 26, 2026 [5].

Core Viewpoint - A class action lawsuit has been filed against BlackRock TCP Capital Corp. (TCPC) for securities fraud, alleging that the company made materially false statements and failed to disclose adverse facts about its business and operations during the class period from November 6, 2024, to January 23, 2026 [1] Financial Performance - The company's portfolio significantly weakened in the fiscal year 2024, 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] - The net asset value (NAV) fell by 22.44% year over year to $9.23 per share, with total losses (realized and unrealized) ballooning to $194.9 million, a 186% increase year over year, largely due to a newly added $72.3 million net unrealized loss in the fourth quarter [1] - On January 23, 2026, the company disclosed that its NAV per share as of December 31, 2025, was between $7.05 and $7.09, representing a 19% decrease from the previous quarter and a 23.4% decrease from the prior year [1] Allegations of Misconduct - The lawsuit alleges that the defendants made materially false and misleading statements and failed to disclose critical information regarding the company's investments, portfolio restructuring efforts, and the true state of unrealized losses and NAV [1] - Specific allegations include the failure to timely and appropriately value investments, ineffective portfolio restructuring, understated unrealized losses, and overstated NAV, leading to misleading positive statements about the company's business prospects [1]

Core Viewpoint - The BlackRock TCP Capital Corp. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with significant claims regarding the misrepresentation of its net asset value (NAV) and investment valuations during the specified class period [1][3]. Group 1: Class Action Details - The class action lawsuit is titled Burnell v. BlackRock TCP Capital Corp., and it allows purchasers of BlackRock TCP securities from November 6, 2024, to January 23, 2026, to seek appointment as lead plaintiff by April 6, 2026 [1]. - The lawsuit alleges that BlackRock TCP's NAV per share was $11.90 as of December 31, 2023, prior to the class period [2]. Group 2: Allegations Against BlackRock TCP - The lawsuit claims that BlackRock TCP made false or misleading statements regarding the timely valuation of its investments and the effectiveness of its portfolio restructuring efforts [3]. - It is alleged that BlackRock TCP's unrealized losses were understated, leading to an overstatement of its NAV [3]. Group 3: Impact on NAV and Stock Price - On February 27, 2025, BlackRock TCP reported that the number of portfolio companies on non-accrual status had more than doubled, resulting in a NAV decline of over 22% year-over-year to $9.23 per share, which led to a 9.6% drop in stock price [4]. - On January 23, 2026, BlackRock TCP disclosed that its NAV per share 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, causing the stock price to fall nearly 13% [5].

Core Viewpoint - A class action lawsuit has been filed against BlackRock TCP Capital Corp. in the United States District Court for the Central District of California, involving securities purchased between November 6, 2024, and January 23, 2026 [1] Group 1 - The lawsuit is titled Burnell v. BlackRock TCP Capital Corp., et al., and is registered under Case No. 2:26-cv-01102 [1] - The lawsuit represents individuals and entities that acquired BlackRock TCP Capital Corp. securities during the specified period [1]

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving BlackRock TCP Capital Corp and its officers or directors [1] Group 1: Company Performance - On January 23, 2026, BlackRock TCP reported a 19% decline in the net asset value of its private corporate loans, attributed to a significant increase in nonperforming loans [3] - Following this announcement, BlackRock TCP's stock price decreased by $0.76 per share, representing a 12.97% drop, closing at $5.10 per share on January 26, 2026 [3] Group 2: Legal Investigation - Pomerantz LLP is reaching out to investors of BlackRock TCP to discuss claims related to the company's potential involvement in securities fraud [1] - Investors are encouraged to contact Pomerantz LLP for more information regarding the class action [2]

Core Viewpoint - Glancy Prongay Wolke & Rotter LLP has initiated an investigation on behalf of BlackRock TCP Capital Corp. investors regarding potential violations of federal securities laws by the company [1] Company Summary - BlackRock TCP Capital Corp. (NASDAQ: TCPC) is currently under scrutiny for possible legal issues that may affect its investors [1] - The law firm is reaching out to investors who may have incurred losses related to their investments in TCP Capital Corp. [1]

Core Viewpoint - An investigation has been announced regarding BlackRock TCP Capital Corp. for potential violations of federal securities laws, indicating possible legal issues that may affect investors [1] Group 1 - The Law Offices of Howard G. Smith are representing investors of BlackRock TCP Capital Corp. who may have suffered financial losses [1] - Investors are encouraged to contact the law firm to discuss potential claims for recovering losses incurred [1]

Core Viewpoint - The Law Offices of Frank R. Cruz is investigating BlackRock TCP Capital Corp. for potential violations of federal securities laws, indicating concerns over the company's compliance and financial practices [1]. Investigation Details - The investigation is initiated on behalf of investors who may have suffered financial losses related to BlackRock TCP Capital Corp. [1]. - The specific date mentioned for the investigation's context is January 23, 2026, which suggests a timeline for potential developments or disclosures [1].

Core Viewpoint - BlackRock TCP Capital Corp. will report its financial results for Q4 and the year ended December 31, 2025, on February 27, 2026, before market opening [1] Financial Reporting - The financial results announcement will take place on February 27, 2026 [1] - A conference call to discuss the financial results will be held at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time) on the same day [1] - All interested parties are invited to participate in the conference call [1]