TCPC Investors Have Opportunity to Lead BlackRock TCP Capital Corp. Securities Fraud Lawsuit

Core Viewpoint - A class action lawsuit has been initiated against BlackRock TCP Capital Corp. for alleged securities fraud, with a focus on misleading statements and undisclosed adverse facts regarding the company's business and operations during the specified Class Period from November 6, 2024, to January 23, 2026 [1]. Group 1: Lawsuit Details - The lawsuit claims that BlackRock TCP's investments were not being valued appropriately, leading to understated unrealized losses and overstated net asset value (NAV) [1]. - Defendants allegedly failed to disclose that portfolio restructuring efforts were ineffective in resolving credit challenges or improving portfolio quality [1]. - The misleading statements made by the defendants about BlackRock TCP's business and prospects resulted in investor damages when the true details became public [1]. Group 2: Legal Process and Participation - Investors who purchased BlackRock TCP securities during the Class Period may be entitled to compensation without upfront costs through a contingency fee arrangement [1]. - To participate in the class action, investors must act by April 6, 2026, to serve as lead plaintiff or can choose to remain absent and still be eligible for any potential recovery [1]. - The Rosen Law Firm, which is leading the class action, has a strong track record in securities class actions and has recovered significant amounts for investors in the past [1].