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 ...

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 ...

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]

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].

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]

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].

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].

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].

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]

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].