BlackRock TCP Capital Faces Class Action Lawsuit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy TCPC?
Source: Globenewswire
- Investor Loss Alert: BlackRock TCP Capital disclosed in its 2024 fiscal year report that the number of portfolio companies in non-accrual status more than doubled, leading to a 289% increase in non-accrual debt investments at cost, indicating a significant deterioration in the company's financial health that may erode investor confidence.
- Declining Net Asset Value: As of December 31, 2025, the company's net asset value (NAV) per share fell to between $7.05 and $7.09, representing a 19% decline from the previous quarter and a 23.4% drop from the prior year, which could negatively impact the company's future financing capabilities and market performance.
- Lawsuit Allegations: The class action lawsuit alleges that the company failed to timely disclose the ineffectiveness of its portfolio restructuring efforts and made misleading statements to investors, potentially exposing them to greater financial risks and losses.
- Stock Price Volatility: Following the financial reports released on February 27, 2025, and January 26, 2026, BlackRock TCP Capital's stock price dropped by 9.64% and 12.97%, respectively, reflecting strong market concerns about the company's financial health, which may affect future investor confidence.
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Analyst Views on TCPC
Wall Street analysts forecast TCPC stock price to rise
2 Analyst Rating
0 Buy
1 Hold
1 Sell
Moderate Sell
Current: 4.840
Low
5.50
Averages
6.25
High
7.00
Current: 4.840
Low
5.50
Averages
6.25
High
7.00
About TCPC
BlackRock TCP Capital Corp. is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on direct lending to middle-market companies as well as small businesses. The Company’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It invests primarily in the debt of middle-market companies as well as small businesses, including senior secured loans, junior loans, mezzanine debt and bonds. Such investments may include an equity component, and, to a lesser extent, it may make equity investments directly. It invests in various industries, including automobiles, Internet software and service, software, diversified financial services, diversified consumer services, health care technology, healthcare providers and services, media, construction and engineering, and real estate management and development, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Multiple Companies Face Class Action Lawsuits
- Richtech Robotics Lawsuit: Richtech Robotics Inc. is accused of making false statements during the class period from January 27 to January 29, 2026, misleading investors about the company's prospects, with a lead plaintiff motion deadline of April 3, 2026.
- Plug Power Lawsuit: Plug Power, Inc. faces allegations of overstating the availability of DOE loan funds from January 17 to November 13, 2025, with investors needing to act by April 3, 2026, potentially impacting future project viability.
- Picard Medical Lawsuit: Picard Medical, Inc. is implicated in a fraudulent stock promotion scheme from September 2 to October 31, 2025, requiring investors to file a lead plaintiff motion by April 3, 2026, which may lead to stock price volatility.
- BlackRock TCP Lawsuit: BlackRock TCP Capital Corp. is accused of failing to timely value investments from November 6, 2024, to January 23, 2026, resulting in overstated NAV, with a lead plaintiff deadline of April 6, 2026.
See More
Multiple Companies Face Class Action Lawsuits
- Class Action Overview: The Law Offices of Frank R. Cruz remind investors of class action lawsuits filed against BlackRock TCP Capital Corp., Oracle Corporation, Paysafe Limited, and Inovio Pharmaceuticals, urging investors to file lead plaintiff motions by the specified deadlines to protect their rights.
- BlackRock TCP Lawsuit Details: The lawsuit alleges that from November 2024 to January 2026, BlackRock failed to timely and appropriately value investments, leading to understated unrealized losses and inflated net asset value (NAV), resulting in significant losses for investors.
- Oracle Lawsuit Impact: Between June and December 2025, Oracle's AI infrastructure strategy resulted in massive capital expenditure increases without corresponding revenue growth, raising serious risks regarding the company's debt and credit rating, which could adversely affect investors' financial positions.
- Risks for Paysafe and Inovio: The lawsuit against Paysafe, covering March to November 2025, highlights its significant exposure to high-risk clients, potentially hindering revenue growth, while Inovio faces challenges in submitting its FDA application on time due to manufacturing deficiencies, both posing substantial risks to investors.
See More
Pomerantz Files Class Action Against BlackRock TCP Capital Corp.
- Class Action Initiated: Pomerantz LLP has filed a class action lawsuit against BlackRock TCP Capital Corp., alleging securities fraud and other unlawful business practices, with investors advised to apply as Lead Plaintiff by April 6, 2026.
- NAV Decline: On February 27, 2025, BlackRock TCP revealed that the number of portfolio companies on non-accrual status had more than doubled, with its net asset value (NAV) falling over 22% year-over-year to $9.23 per share, despite the company asserting the accuracy of this figure.
- Stock Price Volatility: Following this news, BlackRock TCP's stock price allegedly fell 9.6%, and on January 23, 2026, the NAV was revised to a range of $7.05 to $7.09 per share, representing a 19% decrease from the previous quarter and a 23.4% drop from the prior year, causing the stock price to decline nearly 13% again.
- Legal Firm Background: Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, having fought for the rights of victims of securities fraud and corporate misconduct for over 85 years, recovering numerous multimillion-dollar damages for class members.
See More
Class Action Lawsuit Announced for BlackRock TCP Capital Corp.
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit against BlackRock TCP Capital Corp. (NASDAQ: TCPC) for securities purchasers between November 6, 2024, and January 23, 2026, indicating potential investor losses during this period.
- Compensation Structure: Investors participating in the lawsuit may receive compensation without any upfront costs, demonstrating a risk-free opportunity for recovery that could bolster investor confidence in the legal process.
- Allegations Overview: The lawsuit alleges that BlackRock TCP failed to timely and appropriately value its investments, leading to misleading representations about the company's business prospects, which may adversely affect future market performance and investor trust.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its strength and experience in handling such cases.
See More
BlackRock TCP Capital Corp. Shareholder Notice
- Shareholder Notice: The Gross Law Firm has issued a notice to shareholders who purchased shares of BlackRock TCP Capital Corp. (NASDAQ: TCPC) between November 6, 2024, and January 23, 2026, encouraging them to contact the firm for potential lead plaintiff appointment, indicating possible legal liabilities for the company.
- Allegations of Misrepresentation: The complaint alleges that during the class period, the company made materially false and/or misleading statements, failing to timely and appropriately value its investments, resulting in understated unrealized losses and overstated net asset value, which misled investors.
- Participation Requirements and Deadline: Shareholders must register by April 6, 2026, to participate in the class action, and upon registration, they will be enrolled in portfolio monitoring software to receive status updates throughout the case lifecycle, ensuring transparency for investors.
- Law Firm Background: The Gross Law Firm is a nationally recognized class action law firm committed to protecting the rights of investors who have suffered losses due to deceit and illegal business practices, emphasizing the need for companies to adhere to responsible business practices.
See More
BlackRock TCP Capital Corp. Class Action Alert
- Class Action Notice: The Portnoy Law Firm advises investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, to file a lead plaintiff motion by April 6, 2026, to protect their legal rights.
- Declining NAV: On February 27, 2025, BlackRock TCP revealed that the number of portfolio companies in non-accrual status had more than doubled, resulting in a more than 22% year-over-year decline in NAV per share, raising concerns about the company's financial health.
- False Statement Allegations: The lawsuit alleges that BlackRock TCP failed to timely and appropriately value its investments during the class period, leading to understated unrealized losses and an overstated NAV, which misled investors.
- Stock Price Volatility: On January 23, 2026, BlackRock TCP disclosed that its NAV per share as of December 31, 2025, was actually between $7.05 and $7.09, a 19% decrease from the previous quarter, causing the stock price to drop nearly 13%, reflecting severe market skepticism regarding its financial transparency.
See More
Multiple Companies Face Class Action Lawsuits
- Richtech Robotics Lawsuit: Richtech Robotics Inc. is accused of making false statements during the class period from January 27 to January 29, 2026, misleading investors about the company's prospects, with a lead plaintiff motion deadline of April 3, 2026.
- Plug Power Lawsuit: Plug Power, Inc. faces allegations of overstating the availability of DOE loan funds from January 17 to November 13, 2025, with investors needing to act by April 3, 2026, potentially impacting future project viability.
- Picard Medical Lawsuit: Picard Medical, Inc. is implicated in a fraudulent stock promotion scheme from September 2 to October 31, 2025, requiring investors to file a lead plaintiff motion by April 3, 2026, which may lead to stock price volatility.
- BlackRock TCP Lawsuit: BlackRock TCP Capital Corp. is accused of failing to timely value investments from November 6, 2024, to January 23, 2026, resulting in overstated NAV, with a lead plaintiff deadline of April 6, 2026.
See More
Multiple Companies Face Class Action Lawsuits
- Class Action Overview: The Law Offices of Frank R. Cruz remind investors of class action lawsuits filed against BlackRock TCP Capital Corp., Oracle Corporation, Paysafe Limited, and Inovio Pharmaceuticals, urging investors to file lead plaintiff motions by the specified deadlines to protect their rights.
- BlackRock TCP Lawsuit Details: The lawsuit alleges that from November 2024 to January 2026, BlackRock failed to timely and appropriately value investments, leading to understated unrealized losses and inflated net asset value (NAV), resulting in significant losses for investors.
- Oracle Lawsuit Impact: Between June and December 2025, Oracle's AI infrastructure strategy resulted in massive capital expenditure increases without corresponding revenue growth, raising serious risks regarding the company's debt and credit rating, which could adversely affect investors' financial positions.
- Risks for Paysafe and Inovio: The lawsuit against Paysafe, covering March to November 2025, highlights its significant exposure to high-risk clients, potentially hindering revenue growth, while Inovio faces challenges in submitting its FDA application on time due to manufacturing deficiencies, both posing substantial risks to investors.
See More
Pomerantz Files Class Action Against BlackRock TCP Capital Corp.
- Class Action Initiated: Pomerantz LLP has filed a class action lawsuit against BlackRock TCP Capital Corp., alleging securities fraud and other unlawful business practices, with investors advised to apply as Lead Plaintiff by April 6, 2026.
- NAV Decline: On February 27, 2025, BlackRock TCP revealed that the number of portfolio companies on non-accrual status had more than doubled, with its net asset value (NAV) falling over 22% year-over-year to $9.23 per share, despite the company asserting the accuracy of this figure.
- Stock Price Volatility: Following this news, BlackRock TCP's stock price allegedly fell 9.6%, and on January 23, 2026, the NAV was revised to a range of $7.05 to $7.09 per share, representing a 19% decrease from the previous quarter and a 23.4% drop from the prior year, causing the stock price to decline nearly 13% again.
- Legal Firm Background: Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, having fought for the rights of victims of securities fraud and corporate misconduct for over 85 years, recovering numerous multimillion-dollar damages for class members.
See More
Class Action Lawsuit Announced for BlackRock TCP Capital Corp.
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit against BlackRock TCP Capital Corp. (NASDAQ: TCPC) for securities purchasers between November 6, 2024, and January 23, 2026, indicating potential investor losses during this period.
- Compensation Structure: Investors participating in the lawsuit may receive compensation without any upfront costs, demonstrating a risk-free opportunity for recovery that could bolster investor confidence in the legal process.
- Allegations Overview: The lawsuit alleges that BlackRock TCP failed to timely and appropriately value its investments, leading to misleading representations about the company's business prospects, which may adversely affect future market performance and investor trust.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its strength and experience in handling such cases.
See More
BlackRock TCP Capital Corp. Shareholder Notice
- Shareholder Notice: The Gross Law Firm has issued a notice to shareholders who purchased shares of BlackRock TCP Capital Corp. (NASDAQ: TCPC) between November 6, 2024, and January 23, 2026, encouraging them to contact the firm for potential lead plaintiff appointment, indicating possible legal liabilities for the company.
- Allegations of Misrepresentation: The complaint alleges that during the class period, the company made materially false and/or misleading statements, failing to timely and appropriately value its investments, resulting in understated unrealized losses and overstated net asset value, which misled investors.
- Participation Requirements and Deadline: Shareholders must register by April 6, 2026, to participate in the class action, and upon registration, they will be enrolled in portfolio monitoring software to receive status updates throughout the case lifecycle, ensuring transparency for investors.
- Law Firm Background: The Gross Law Firm is a nationally recognized class action law firm committed to protecting the rights of investors who have suffered losses due to deceit and illegal business practices, emphasizing the need for companies to adhere to responsible business practices.
See More
BlackRock TCP Capital Corp. Class Action Alert
- Class Action Notice: The Portnoy Law Firm advises investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, to file a lead plaintiff motion by April 6, 2026, to protect their legal rights.
- Declining NAV: On February 27, 2025, BlackRock TCP revealed that the number of portfolio companies in non-accrual status had more than doubled, resulting in a more than 22% year-over-year decline in NAV per share, raising concerns about the company's financial health.
- False Statement Allegations: The lawsuit alleges that BlackRock TCP failed to timely and appropriately value its investments during the class period, leading to understated unrealized losses and an overstated NAV, which misled investors.
- Stock Price Volatility: On January 23, 2026, BlackRock TCP disclosed that its NAV per share as of December 31, 2025, was actually between $7.05 and $7.09, a 19% decrease from the previous quarter, causing the stock price to drop nearly 13%, reflecting severe market skepticism regarding its financial transparency.
See More
