BlackRock TCP Capital Accused of Misleading Investors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Should l Buy TCPC?
Source: Businesswire
- Class Action Filed: Robbins LLP has initiated a class action on behalf of investors who purchased BlackRock TCP Capital Corp. (NASDAQ: TCPC) securities between November 6, 2024, and January 23, 2026, alleging that the company failed to disclose timely and accurate valuations of its investments, leading to investor losses.
- Misleading Financial Data: The complaint reveals that BlackRock TCP disclosed a net asset value (NAV) per share of $7.05 to $7.09 for Q4 2025, which is 19% lower than the previous quarter and 23.4% lower than the prior year, indicating that the company's financial health was significantly overstated.
- Stock Price Volatility: Following the release of the revised financial data on January 26, 2026, BlackRock TCP's stock price fell by $0.76, or 12.97%, closing at $5.10 per share, reflecting the market's strong reaction to the company's lack of financial transparency.
- Investor Rights Protection: Robbins LLP advises investors wishing to serve as lead plaintiffs in the class action to file their papers by April 6, 2026, highlighting serious governance and transparency issues within the company that investors should actively address to protect their rights.
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Analyst Views on TCPC
Wall Street analysts forecast TCPC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TCPC is 6.25 USD with a low forecast of 5.50 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
1 Hold
1 Sell
Moderate Sell
Current: 4.970
Low
5.50
Averages
6.25
High
7.00
Current: 4.970
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.
BlackRock TCP Capital Accused of Misleading Investors
- Class Action Filed: Robbins LLP has initiated a class action on behalf of investors who purchased BlackRock TCP Capital Corp. (NASDAQ: TCPC) securities between November 6, 2024, and January 23, 2026, alleging that the company failed to disclose timely and accurate valuations of its investments, leading to investor losses.
- Misleading Financial Data: The complaint reveals that BlackRock TCP disclosed a net asset value (NAV) per share of $7.05 to $7.09 for Q4 2025, which is 19% lower than the previous quarter and 23.4% lower than the prior year, indicating that the company's financial health was significantly overstated.
- Stock Price Volatility: Following the release of the revised financial data on January 26, 2026, BlackRock TCP's stock price fell by $0.76, or 12.97%, closing at $5.10 per share, reflecting the market's strong reaction to the company's lack of financial transparency.
- Investor Rights Protection: Robbins LLP advises investors wishing to serve as lead plaintiffs in the class action to file their papers by April 6, 2026, highlighting serious governance and transparency issues within the company that investors should actively address to protect their rights.
See More
Securities Class Action Filed Against BlackRock TCP Capital Corp.
- Lawsuit Background: A class action lawsuit has been filed in the Central District of California on behalf of all investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, alleging failures in timely disclosures regarding investment valuations and restructuring efforts.
- Investor Losses: The complaint highlights that on February 27, 2025, BlackRock revealed that the number of portfolio companies on non-accrual status had more than doubled, resulting in a more than 22% year-over-year decline in the company's net asset value (NAV) to $9.23 per share.
- Information Asymmetry: Despite the NAV decline, BlackRock maintained that its NAV was accurate at $9.23 per share and claimed that the majority of its portfolio continued to perform well, raising concerns among investors about the company's transparency.
- Stock Price Reaction: Following the announcement of the lawsuit, BlackRock's stock price fell by 9.6%, reflecting market concerns over the company's financial health and a pessimistic outlook on its future performance.
See More
Faruqi & Faruqi Investigates BlackRock TCP Capital Corp.
- Legal Investigation Launched: Faruq & Faruq LLP is investigating BlackRock TCP Capital Corp. and reminds investors of the April 6, 2026 deadline to seek lead plaintiff status in a federal securities class action, indicating significant legal risks facing the company.
- Deteriorating Financial Condition: In fiscal year 2024, BlackRock TCP's portfolio significantly weakened, with the number of portfolio companies on non-accrual status doubling, leading to a 289% increase in non-accrual debt investments at cost, reflecting major missteps in asset valuation and portfolio restructuring that could undermine future investor confidence.
- Declining Net Asset Value: The company reported a 22.44% year-over-year decline in net asset value (NAV) to $9.23 per share, with total losses ballooning to $194.9 million, a 186% increase from the previous year, raising serious questions about the company's financial health among investors.
- Stock Price Volatility: Following the financial results announcement, BlackRock TCP's stock price fell 9.64% to $8.44 per share on February 27, 2025, and subsequently dropped 12.97% to $5.10 per share on January 26, 2026, indicating severe market concerns regarding the company's financial transparency.
See More
BlackRock TCP Capital Corp. Class Action Lawsuit Announcement
- Class Action Initiation: Robbins Geller Rudman & Dowd LLP announces that investors who purchased BlackRock TCP securities between November 6, 2024, and January 23, 2026, have until April 6, 2026, to seek lead plaintiff status in the class action lawsuit, indicating significant investor concern over the company's financial transparency.
- Declining NAV: The lawsuit alleges that BlackRock TCP revealed its net asset value (NAV) dropped from $11.90 in 2024 to $9.23 in February 2025, a decline of over 22%, highlighting major missteps in investment valuation and asset management that could further erode investor confidence.
- Increased Stock Volatility: Following the February 2025 announcement, BlackRock TCP's stock price fell by 9.6%, and on January 23, 2026, it disclosed an NAV range of $7.05 to $7.09, down 23.4% year-over-year, suggesting heightened market concerns regarding the company's financial health and potential impacts on future financing capabilities.
- Legal Process Overview: Under the Private Securities Litigation Reform Act of 1995, any investor who purchased BlackRock TCP securities during the class period can apply to be the lead plaintiff, representing other investors in the lawsuit, a mechanism designed to protect investor rights and enhance litigation efficiency.
See More
Class Action Filed Against BlackRock TCP Capital Corp.
- Lawsuit Background: Glancy Prongay Wolke & Rotter LLP has filed a class action in the Central District of California on behalf of investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, alleging significant misstatements in the company's financial disclosures.
- Deteriorating Financial Condition: On February 27, 2025, BlackRock reported that the number of portfolio companies in non-accrual status had more than doubled, leading to a 289% increase in non-accrual debt investments, while the net asset value fell by 22.44% to $9.23 per share, indicating a severe decline in financial health.
- Stock Price Reaction: Following the earnings release, BlackRock's stock price dropped by 9.64% to close at $8.44 per share, with unusually high trading volume, reflecting market concerns regarding the company's financial stability.
- Subsequent Disclosure: On January 23, 2026, BlackRock TCP disclosed that its net asset value per share had fallen to between $7.05 and $7.09, a 23.4% decrease from the previous year, resulting in a further 12.97% drop in stock price to $5.10 per share, exacerbating investor losses.
See More
Pomerantz LLP Investigates BlackRock TCP Capital Corp. for Securities Fraud
- Net Asset Value Decline: On January 23, 2026, BlackRock TCP reported a 19% drop in the net asset value of its private corporate loans, primarily due to a sharp increase in nonperforming loans, indicating significant financial strain and potential investment risks for stakeholders.
- Stock Price Plunge: Following this announcement, BlackRock TCP's stock price fell by $0.76, or 12.97%, closing at $5.10 per share on January 26, 2026, reflecting market concerns regarding the company's financial health and stability.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether BlackRock TCP and certain officers or directors have engaged in securities fraud or other unlawful business practices, which could expose the company to legal liabilities and further financial repercussions.
- Investor Contact Information: Pomerantz LLP is urging affected investors to reach out via the provided contact details to join the class action, demonstrating the firm's proactive approach in advocating for investor rights and potential recovery of losses.
See More
BlackRock TCP Capital Accused of Misleading Investors
- Class Action Filed: Robbins LLP has initiated a class action on behalf of investors who purchased BlackRock TCP Capital Corp. (NASDAQ: TCPC) securities between November 6, 2024, and January 23, 2026, alleging that the company failed to disclose timely and accurate valuations of its investments, leading to investor losses.
- Misleading Financial Data: The complaint reveals that BlackRock TCP disclosed a net asset value (NAV) per share of $7.05 to $7.09 for Q4 2025, which is 19% lower than the previous quarter and 23.4% lower than the prior year, indicating that the company's financial health was significantly overstated.
- Stock Price Volatility: Following the release of the revised financial data on January 26, 2026, BlackRock TCP's stock price fell by $0.76, or 12.97%, closing at $5.10 per share, reflecting the market's strong reaction to the company's lack of financial transparency.
- Investor Rights Protection: Robbins LLP advises investors wishing to serve as lead plaintiffs in the class action to file their papers by April 6, 2026, highlighting serious governance and transparency issues within the company that investors should actively address to protect their rights.
See More
Securities Class Action Filed Against BlackRock TCP Capital Corp.
- Lawsuit Background: A class action lawsuit has been filed in the Central District of California on behalf of all investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, alleging failures in timely disclosures regarding investment valuations and restructuring efforts.
- Investor Losses: The complaint highlights that on February 27, 2025, BlackRock revealed that the number of portfolio companies on non-accrual status had more than doubled, resulting in a more than 22% year-over-year decline in the company's net asset value (NAV) to $9.23 per share.
- Information Asymmetry: Despite the NAV decline, BlackRock maintained that its NAV was accurate at $9.23 per share and claimed that the majority of its portfolio continued to perform well, raising concerns among investors about the company's transparency.
- Stock Price Reaction: Following the announcement of the lawsuit, BlackRock's stock price fell by 9.6%, reflecting market concerns over the company's financial health and a pessimistic outlook on its future performance.
See More
Faruqi & Faruqi Investigates BlackRock TCP Capital Corp.
- Legal Investigation Launched: Faruq & Faruq LLP is investigating BlackRock TCP Capital Corp. and reminds investors of the April 6, 2026 deadline to seek lead plaintiff status in a federal securities class action, indicating significant legal risks facing the company.
- Deteriorating Financial Condition: In fiscal year 2024, BlackRock TCP's portfolio significantly weakened, with the number of portfolio companies on non-accrual status doubling, leading to a 289% increase in non-accrual debt investments at cost, reflecting major missteps in asset valuation and portfolio restructuring that could undermine future investor confidence.
- Declining Net Asset Value: The company reported a 22.44% year-over-year decline in net asset value (NAV) to $9.23 per share, with total losses ballooning to $194.9 million, a 186% increase from the previous year, raising serious questions about the company's financial health among investors.
- Stock Price Volatility: Following the financial results announcement, BlackRock TCP's stock price fell 9.64% to $8.44 per share on February 27, 2025, and subsequently dropped 12.97% to $5.10 per share on January 26, 2026, indicating severe market concerns regarding the company's financial transparency.
See More
BlackRock TCP Capital Corp. Class Action Lawsuit Announcement
- Class Action Initiation: Robbins Geller Rudman & Dowd LLP announces that investors who purchased BlackRock TCP securities between November 6, 2024, and January 23, 2026, have until April 6, 2026, to seek lead plaintiff status in the class action lawsuit, indicating significant investor concern over the company's financial transparency.
- Declining NAV: The lawsuit alleges that BlackRock TCP revealed its net asset value (NAV) dropped from $11.90 in 2024 to $9.23 in February 2025, a decline of over 22%, highlighting major missteps in investment valuation and asset management that could further erode investor confidence.
- Increased Stock Volatility: Following the February 2025 announcement, BlackRock TCP's stock price fell by 9.6%, and on January 23, 2026, it disclosed an NAV range of $7.05 to $7.09, down 23.4% year-over-year, suggesting heightened market concerns regarding the company's financial health and potential impacts on future financing capabilities.
- Legal Process Overview: Under the Private Securities Litigation Reform Act of 1995, any investor who purchased BlackRock TCP securities during the class period can apply to be the lead plaintiff, representing other investors in the lawsuit, a mechanism designed to protect investor rights and enhance litigation efficiency.
See More
Class Action Filed Against BlackRock TCP Capital Corp.
- Lawsuit Background: Glancy Prongay Wolke & Rotter LLP has filed a class action in the Central District of California on behalf of investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, alleging significant misstatements in the company's financial disclosures.
- Deteriorating Financial Condition: On February 27, 2025, BlackRock reported that the number of portfolio companies in non-accrual status had more than doubled, leading to a 289% increase in non-accrual debt investments, while the net asset value fell by 22.44% to $9.23 per share, indicating a severe decline in financial health.
- Stock Price Reaction: Following the earnings release, BlackRock's stock price dropped by 9.64% to close at $8.44 per share, with unusually high trading volume, reflecting market concerns regarding the company's financial stability.
- Subsequent Disclosure: On January 23, 2026, BlackRock TCP disclosed that its net asset value per share had fallen to between $7.05 and $7.09, a 23.4% decrease from the previous year, resulting in a further 12.97% drop in stock price to $5.10 per share, exacerbating investor losses.
See More
Pomerantz LLP Investigates BlackRock TCP Capital Corp. for Securities Fraud
- Net Asset Value Decline: On January 23, 2026, BlackRock TCP reported a 19% drop in the net asset value of its private corporate loans, primarily due to a sharp increase in nonperforming loans, indicating significant financial strain and potential investment risks for stakeholders.
- Stock Price Plunge: Following this announcement, BlackRock TCP's stock price fell by $0.76, or 12.97%, closing at $5.10 per share on January 26, 2026, reflecting market concerns regarding the company's financial health and stability.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether BlackRock TCP and certain officers or directors have engaged in securities fraud or other unlawful business practices, which could expose the company to legal liabilities and further financial repercussions.
- Investor Contact Information: Pomerantz LLP is urging affected investors to reach out via the provided contact details to join the class action, demonstrating the firm's proactive approach in advocating for investor rights and potential recovery of losses.
See More
