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]
BlackRock TCP Capital Corp. (TCPC) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit