Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of BlackRock TCP Capital Corp. securities, alleging that the company made materially false and misleading statements regarding its business and operations during the specified class period from November 6, 2024, to January 23, 2026 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that BlackRock TCP failed to disclose significant adverse facts about its investments, including improper valuation and ineffective portfolio restructuring, leading to understated unrealized losses and overstated net asset value (NAV) [5]. - Investors who purchased BlackRock TCP securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly. A lead plaintiff must file a motion by April 6, 2026, to represent other class members [3][6]. - It is noted that no class has been certified yet, and investors are not represented by counsel unless they retain one [7]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company. The firm has consistently ranked highly in terms of the number of settlements [4].
ROSEN, NATIONAL TRIAL LAWYERS, Encourages BlackRock TCP Capital Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TCPC