Core Viewpoint - The Gross Law Firm is notifying shareholders of BlackRock TCP Capital Corp. (NASDAQ: TCPC) about a class action lawsuit due to alleged misleading statements and failures to disclose critical information during the class period from November 6, 2024, to January 23, 2026 [3][4]. Group 1: Allegations - The complaint alleges that the company's investments were not being timely and/or appropriately valued [3]. - It is claimed that the company's portfolio restructuring efforts were ineffective in resolving challenged credits or improving portfolio quality [3]. - The allegations state that the company's unrealized losses were understated, leading to an overstated net asset value [3]. - As a result of these issues, the defendants' positive statements regarding the company's business and prospects were materially misleading [3]. Group 2: Class Action Details - Shareholders who purchased TCPC shares during the specified class period are encouraged to register for the class action, with a deadline of April 6, 2026, to seek lead plaintiff status [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. - Participation in the case incurs no cost or obligation for the shareholders [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
The Gross Law Firm Notifies Shareholders of BlackRock TCP Capital Corp. (TCPC) of a Class Action Lawsuit and an Upcoming Deadline