TCPC Stockholder Alert: Robbins LLP Reminds Investors of the Class Action Lawsuit Against BlackRock TCP Capital Corp.

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]

TCPC Stockholder Alert: Robbins LLP Reminds Investors of the Class Action Lawsuit Against BlackRock TCP Capital Corp. - Reportify