TMX Newsfile·2026-02-15 00:28Core Viewpoint - A class action lawsuit has been filed against BlackRock TCP Capital Corp. for allegedly making materially false and misleading statements regarding its business operations and financial health during the Class Period from November 6, 2024, to January 23, 2026 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that BlackRock TCP failed to disclose that its investments were not being appropriately valued, which led to understated unrealized losses and an overstated net asset value (NAV) [5]. - Defendants allegedly made positive statements about BlackRock TCP's business that were materially misleading and lacked a reasonable basis [5]. - Investors are encouraged to join the class action to seek compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - The Rosen Law Firm, which is leading the class action, has a strong track record in securities class actions, having recovered hundreds of millions of dollars for investors [4]. - The firm was ranked No. 1 for the number of securities class action settlements in 2017 and has consistently been in the top ranks since 2013 [4]. - Investors are advised to select qualified counsel with a proven success record, as many firms may not have comparable experience [4].