BlackRock TCP Capital Corp. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - TCPC
Prnewswire·2026-03-04 14:00

Core Viewpoint - BlackRock TCP Capital Corp. is facing a class action securities lawsuit due to alleged securities fraud that affected investors between November 6, 2024, and January 23, 2026 [1] Group 1: Lawsuit Details - The lawsuit claims that the Company made false statements and concealed critical information regarding the timely valuation of its investments [1] - Allegations include ineffective portfolio restructuring efforts that did not resolve challenged credits or improve portfolio quality [1] - The Company’s unrealized losses were reportedly understated, leading to an overstated net asset value [1] - Positive statements made by the Company about its business and operations were deemed materially misleading and lacking a reasonable basis [1] Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until April 6, 2026, to request appointment as lead plaintiff [1] - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members [1] - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [1]

BlackRock TCP Capital Corp. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - TCPC - Reportify