Blue Owl Capital (US:OWL) Businesswire·2025-12-03 22:24Core Viewpoint - A class action lawsuit has been filed against Blue Owl Capital Inc. for allegedly misleading investors regarding its financial performance and operational challenges during the specified class period from February 6, 2025, to November 16, 2025 [1]. Financial Performance - Blue Owl reported third-quarter 2025 fee-related earnings of $376.2 million, which fell short of consensus estimates, and fee-related earnings margins of 57.1%, missing expectations by approximately 20 basis points [1]. - Performance revenue decreased by 33% year-over-year to only $188,000 [1]. - Following the earnings report, Blue Owl's share price dropped by $0.70, or 4.23%, closing at $15.86 on October 30, 2025, with unusually high trading volume [1]. Merger Announcement - On November 5, 2025, Blue Owl announced a definitive merger agreement involving its business development companies, OBDC and OBDC II, stating that OBDC II would not conduct additional tender offers prior to the merger [1]. - The share price fell by $0.74, or 4.72%, to close at $14.95 on November 6, 2025, also on unusually high trading volume [1]. Investor Concerns - An article published on November 16, 2025, indicated that OBDC II investors could face a 20% reduction in the value of their investments and would be blocked from making redemptions until the merger's completion in 2026 [1]. - Following this news, Blue Owl's share price fell by $0.85, or 5.8%, closing at $13.77 on November 17, 2025, with heavy trading volume [1]. Lawsuit Allegations - The lawsuit claims that Blue Owl's management made materially false and misleading statements and failed to disclose significant adverse facts about the company's business and liquidity issues [1]. - Specific allegations include undisclosed pressures on the asset base from BDC redemptions and the likelihood of limiting or halting redemptions of certain BDCs [1].