TMX Newsfile·2026-02-17 19:03Core 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 specified Class Period from November 6, 2024, to January 23, 2026 [1][5]. 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) [5]. - Defendants allegedly failed to disclose critical information about the company's portfolio restructuring efforts and their ineffectiveness in resolving credit challenges [5]. - The misleading statements made by the defendants resulted in damages to investors when the true financial condition of BlackRock TCP became known [5]. Group 2: Participation Information - Investors who purchased BlackRock TCP securities during the Class Period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by April 6, 2026, to represent the interests of the class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm, which is leading the class action, has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 alone [4]. - The firm has been recognized for its success in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4].