Class Action Filed Against BlackRock TCP Capital Corp. for Securities Violations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 11 hours ago
0mins
Should l Buy TCPC?
Source: Globenewswire
- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against BlackRock TCP Capital Corp., alleging violations of federal securities laws on behalf of all investors who purchased BlackRock securities between November 6, 2024, and January 23, 2026.
- Allegations Details: The complaint claims that the defendants failed to timely and appropriately value the company's investments, resulting in understated unrealized losses and overstated net asset value, thereby misleading investors about the company's business and prospects.
- Investor Actions: Affected investors are encouraged to apply to be lead plaintiffs by April 6, 2026, to share in any potential recovery, with the option to participate without needing to serve as lead plaintiffs.
- Legal Fee Arrangement: Bronstein, Gewirtz & Grossman, LLC represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorney fees if they successfully recover funds, thus minimizing financial risk for investors.
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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.
Rosen Law Firm Files Class Action Against BlackRock TCP Capital
- Class Action Initiation: Rosen Law Firm has filed a class action lawsuit 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, potentially leading to investor losses.
- Compensation Structure: Investors participating in the lawsuit may be entitled to compensation without any out-of-pocket costs, as legal fees will be covered through a contingency fee arrangement, thereby reducing the financial burden on affected investors and encouraging broader participation.
- Legal Representation Importance: The firm emphasizes the necessity for investors to select qualified counsel with a proven track record, noting that many firms issuing notices lack the necessary resources and experience, urging investors to be prudent in their choice of legal representation to safeguard their interests.
- Disclosure of Case Details: The lawsuit claims that BlackRock TCP failed to disclose that its investments were not being appropriately valued, leading to a misunderstanding of the company's prospects; if the court certifies the class action, it could provide a pathway for potential compensation for investors.
See More
Class Action Filed Against BlackRock TCP Capital Corp. for Securities Violations
- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against BlackRock TCP Capital Corp., alleging violations of federal securities laws on behalf of all investors who purchased BlackRock securities between November 6, 2024, and January 23, 2026.
- Allegations Details: The complaint claims that the defendants failed to timely and appropriately value the company's investments, resulting in understated unrealized losses and overstated net asset value, thereby misleading investors about the company's business and prospects.
- Investor Actions: Affected investors are encouraged to apply to be lead plaintiffs by April 6, 2026, to share in any potential recovery, with the option to participate without needing to serve as lead plaintiffs.
- Legal Fee Arrangement: Bronstein, Gewirtz & Grossman, LLC represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorney fees if they successfully recover funds, thus minimizing financial risk for investors.
See More
Class Action Lawsuit Announced for BlackRock TCP Capital Corp.
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, indicating potential investor losses due to undisclosed risks.
- Compensation Structure: Investors joining the lawsuit can do so without any upfront costs through a contingency fee arrangement, which aims to alleviate financial burdens and encourage participation from affected investors.
- Allegations in Lawsuit: The lawsuit alleges that BlackRock TCP's management failed to disclose the true valuation of investments and the ineffectiveness of restructuring efforts, leading to a misunderstanding of the company's prospects, which could undermine shareholder confidence.
- Law Firm Credentials: Rosen Law Firm is recognized for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its strength and experience in handling similar cases.
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
Rosen Law Firm Files Class Action Against BlackRock TCP Capital
- Class Action Initiation: Rosen Law Firm has filed a class action lawsuit 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, potentially leading to investor losses.
- Compensation Structure: Investors participating in the lawsuit may be entitled to compensation without any out-of-pocket costs, as legal fees will be covered through a contingency fee arrangement, thereby reducing the financial burden on affected investors and encouraging broader participation.
- Legal Representation Importance: The firm emphasizes the necessity for investors to select qualified counsel with a proven track record, noting that many firms issuing notices lack the necessary resources and experience, urging investors to be prudent in their choice of legal representation to safeguard their interests.
- Disclosure of Case Details: The lawsuit claims that BlackRock TCP failed to disclose that its investments were not being appropriately valued, leading to a misunderstanding of the company's prospects; if the court certifies the class action, it could provide a pathway for potential compensation for investors.
See More
Class Action Filed Against BlackRock TCP Capital Corp. for Securities Violations
- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against BlackRock TCP Capital Corp., alleging violations of federal securities laws on behalf of all investors who purchased BlackRock securities between November 6, 2024, and January 23, 2026.
- Allegations Details: The complaint claims that the defendants failed to timely and appropriately value the company's investments, resulting in understated unrealized losses and overstated net asset value, thereby misleading investors about the company's business and prospects.
- Investor Actions: Affected investors are encouraged to apply to be lead plaintiffs by April 6, 2026, to share in any potential recovery, with the option to participate without needing to serve as lead plaintiffs.
- Legal Fee Arrangement: Bronstein, Gewirtz & Grossman, LLC represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and attorney fees if they successfully recover funds, thus minimizing financial risk for investors.
See More
Class Action Lawsuit Announced for BlackRock TCP Capital Corp.
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, indicating potential investor losses due to undisclosed risks.
- Compensation Structure: Investors joining the lawsuit can do so without any upfront costs through a contingency fee arrangement, which aims to alleviate financial burdens and encourage participation from affected investors.
- Allegations in Lawsuit: The lawsuit alleges that BlackRock TCP's management failed to disclose the true valuation of investments and the ineffectiveness of restructuring efforts, leading to a misunderstanding of the company's prospects, which could undermine shareholder confidence.
- Law Firm Credentials: Rosen Law Firm is recognized for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its strength and experience in handling similar cases.
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
