Pomerantz Files Class Action Against BlackRock TCP Capital Corp.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2026
0mins
Should l Buy TCPC?
Source: PRnewswire
- 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.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TCPC?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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: 4.240
Low
5.50
Averages
6.25
High
7.00
Current: 4.240
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'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 services, 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. Tennenbaum Capital Partners, LLC is the Advisor of the Company.
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.
Class Action Lawsuits Filed for Multiple Companies
- Class Action Notification: 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 legal rights.
- BlackRock TCP Lawsuit Details: The lawsuit alleges that from November 2024 to January 2026, BlackRock failed to timely and appropriately value its investments, resulting in overstated net asset value and investor losses, with a lead plaintiff deadline of April 6, 2026.
- Oracle Lawsuit Issues: In the class action from June to December 2025, Oracle is accused of failing to disclose that its AI infrastructure strategy would lead to significant capital expenditure increases without corresponding revenue growth, with investors suffering losses exceeding $50,000, also with a lead plaintiff deadline of April 6, 2026.
- Paysafe and Inovio Lawsuit Overview: Paysafe's lawsuit highlights significant exposure to high-risk clients potentially impacting revenue growth, while Inovio faces challenges in timely FDA submissions due to manufacturing deficiencies, with lead plaintiff deadlines for both set for April 7, 2026.
See More
Class Action Notice for BlackRock TCP Capital Corp. Investors
- Class Action Initiation: Rosen Law Firm reminds investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, to apply as lead plaintiffs by April 6, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Allegations Overview: The lawsuit alleges that BlackRock TCP's management failed to timely and appropriately value investments, leading to investors being unaware of overstated net asset values and undisclosed adverse facts, resulting in investor losses.
- Law Firm Background: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and achieved the largest securities class action settlement against a Chinese company in 2017, demonstrating its strong capabilities in this field.
- Investor Action Recommendations: Investors can visit Rosen Law Firm's website or call toll-free for more information, emphasizing the importance of selecting qualified legal counsel to ensure effective representation in the lawsuit and avoid inexperienced intermediaries.
See More
Reminder of Class Action for BlackRock TCP Capital Corp. Investors
- Class Action Notice: Rosen Law Firm reminds investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, to apply as lead plaintiffs by April 6, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that BlackRock TCP's management failed to timely and appropriately value investments, leading to understated unrealized losses and overstated net asset value, which rendered positive statements about the company's business misleading and lacking a reasonable basis.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, ranked No. 1 by ISS Securities Class Action Services in 2017, demonstrating its expertise and success in this field.
- Investor Action Advice: Investors can visit Rosen Law Firm's website or call the toll-free number for more information, emphasizing the importance of selecting qualified legal counsel to ensure effective representation in the lawsuit and avoid inexperienced intermediary firms.
See More
Bragar Eagel & Squire Files Class Action Against BlackRock TCP
- Lawsuit Background: Bragar Eagel & Squire has filed a class action lawsuit against BlackRock TCP Capital Corp. in the Central District of California on behalf of investors who purchased securities between November 6, 2024, and January 23, 2026, alleging the company failed to disclose timely and accurate valuations of its investments.
- False Statements Allegations: The complaint alleges that throughout the class period, BlackRock TCP made materially false and misleading statements, failing to disclose that its investments were not being appropriately valued, which misled investors regarding the company's business prospects.
- Net Asset Value Decline: On January 23, 2026, BlackRock TCP reported a 19% decline in the net asset value of its private corporate loans due to a sharp rise in nonperforming loans, causing its stock price to drop by 12.97% to close at $5.10 per share on January 26, 2026.
- Investor Action Call: Bragar Eagel & Squire encourages investors who suffered losses during the class period to apply by April 6, 2026, to be appointed as lead plaintiff in the lawsuit, ensuring their rights are represented in the legal proceedings.
See More
Faruqi & Faruqi Encourages BlackRock TCP Investors to Reach Out
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against BlackRock TCP Capital Corp., particularly for investors who purchased securities between November 6, 2024, and January 23, 2026, indicating a strong focus on protecting investor rights.
- Investor Rights Reminder: The firm reminds investors that April 6, 2026, is the deadline to seek the role of lead plaintiff in a federal securities class action, emphasizing the importance of timely action to safeguard their legal rights.
- Direct Contact Channels: Partner Josh Wilson has provided direct contact options, including phone numbers and extension, ensuring investors can easily access legal advice and support, reflecting a commitment to client service.
- Potential Legal Consequences: This investigation may lead to legal accountability for BlackRock TCP, and investors should be aware of the potential impact on their investments, especially against the backdrop of increasing market volatility and legal risks.
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 or other unlawful business practices, with investors required 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's claims of accuracy.
- Stock Price Reaction: Following this announcement, BlackRock TCP's stock price allegedly fell by 9.6%, indicating market concerns regarding its financial health and raising questions about the company's transparency.
- Subsequent Disclosure Impact: 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, representing a 19% drop from the previous quarter and a 23.4% decline from the prior year, leading to a nearly 13% drop in stock price.
See More
Class Action Lawsuits Filed for Multiple Companies
- Class Action Notification: 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 legal rights.
- BlackRock TCP Lawsuit Details: The lawsuit alleges that from November 2024 to January 2026, BlackRock failed to timely and appropriately value its investments, resulting in overstated net asset value and investor losses, with a lead plaintiff deadline of April 6, 2026.
- Oracle Lawsuit Issues: In the class action from June to December 2025, Oracle is accused of failing to disclose that its AI infrastructure strategy would lead to significant capital expenditure increases without corresponding revenue growth, with investors suffering losses exceeding $50,000, also with a lead plaintiff deadline of April 6, 2026.
- Paysafe and Inovio Lawsuit Overview: Paysafe's lawsuit highlights significant exposure to high-risk clients potentially impacting revenue growth, while Inovio faces challenges in timely FDA submissions due to manufacturing deficiencies, with lead plaintiff deadlines for both set for April 7, 2026.
See More
Class Action Notice for BlackRock TCP Capital Corp. Investors
- Class Action Initiation: Rosen Law Firm reminds investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, to apply as lead plaintiffs by April 6, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Allegations Overview: The lawsuit alleges that BlackRock TCP's management failed to timely and appropriately value investments, leading to investors being unaware of overstated net asset values and undisclosed adverse facts, resulting in investor losses.
- Law Firm Background: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and achieved the largest securities class action settlement against a Chinese company in 2017, demonstrating its strong capabilities in this field.
- Investor Action Recommendations: Investors can visit Rosen Law Firm's website or call toll-free for more information, emphasizing the importance of selecting qualified legal counsel to ensure effective representation in the lawsuit and avoid inexperienced intermediaries.
See More
Reminder of Class Action for BlackRock TCP Capital Corp. Investors
- Class Action Notice: Rosen Law Firm reminds investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, to apply as lead plaintiffs by April 6, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that BlackRock TCP's management failed to timely and appropriately value investments, leading to understated unrealized losses and overstated net asset value, which rendered positive statements about the company's business misleading and lacking a reasonable basis.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, ranked No. 1 by ISS Securities Class Action Services in 2017, demonstrating its expertise and success in this field.
- Investor Action Advice: Investors can visit Rosen Law Firm's website or call the toll-free number for more information, emphasizing the importance of selecting qualified legal counsel to ensure effective representation in the lawsuit and avoid inexperienced intermediary firms.
See More
Bragar Eagel & Squire Files Class Action Against BlackRock TCP
- Lawsuit Background: Bragar Eagel & Squire has filed a class action lawsuit against BlackRock TCP Capital Corp. in the Central District of California on behalf of investors who purchased securities between November 6, 2024, and January 23, 2026, alleging the company failed to disclose timely and accurate valuations of its investments.
- False Statements Allegations: The complaint alleges that throughout the class period, BlackRock TCP made materially false and misleading statements, failing to disclose that its investments were not being appropriately valued, which misled investors regarding the company's business prospects.
- Net Asset Value Decline: On January 23, 2026, BlackRock TCP reported a 19% decline in the net asset value of its private corporate loans due to a sharp rise in nonperforming loans, causing its stock price to drop by 12.97% to close at $5.10 per share on January 26, 2026.
- Investor Action Call: Bragar Eagel & Squire encourages investors who suffered losses during the class period to apply by April 6, 2026, to be appointed as lead plaintiff in the lawsuit, ensuring their rights are represented in the legal proceedings.
See More
Faruqi & Faruqi Encourages BlackRock TCP Investors to Reach Out
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against BlackRock TCP Capital Corp., particularly for investors who purchased securities between November 6, 2024, and January 23, 2026, indicating a strong focus on protecting investor rights.
- Investor Rights Reminder: The firm reminds investors that April 6, 2026, is the deadline to seek the role of lead plaintiff in a federal securities class action, emphasizing the importance of timely action to safeguard their legal rights.
- Direct Contact Channels: Partner Josh Wilson has provided direct contact options, including phone numbers and extension, ensuring investors can easily access legal advice and support, reflecting a commitment to client service.
- Potential Legal Consequences: This investigation may lead to legal accountability for BlackRock TCP, and investors should be aware of the potential impact on their investments, especially against the backdrop of increasing market volatility and legal risks.
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 or other unlawful business practices, with investors required 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's claims of accuracy.
- Stock Price Reaction: Following this announcement, BlackRock TCP's stock price allegedly fell by 9.6%, indicating market concerns regarding its financial health and raising questions about the company's transparency.
- Subsequent Disclosure Impact: 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, representing a 19% drop from the previous quarter and a 23.4% decline from the prior year, leading to a nearly 13% drop in stock price.
See More
