yahoo news | TCPC Deadline: Rosen Law Firm Urges BlackRock TCP Capital Corp. (NASDAQ: TCPC)...
Rosen Law Firm, a global investor‑rights practice, is reminding shareholders of BlackRock TCP Capital Corp. (NASDAQ: TCPC) that a securities class action has been filed on behalf of anyone who purchased TCPC securities between November 6, 2024, and January 23, 2026. The firm is specifically urging investors who suffered losses of $100,000 or more to submit a claim – via the online form, by emailing attorney Phillip Kim, or by calling 866‑767‑3653 – in order to receive information about their rights and potential recovery.
The lawsuit alleges that TCPC’s directors and officers made materially false or misleading statements and omitted critical adverse facts about the company’s business, operations, and prospects. According to the complaint, TCPC failed to timely and accurately value its investments, did not effectively restructure its portfolio to resolve troubled credits, understated unrealized losses, and consequently overstated its net asset value. These omissions turned the company’s positive public statements into materially misleading claims, and when the true conditions entered the market, investors incurred substantial damages.
Potential class members may be eligible to participate in the action, and those wishing to serve as lead plaintiff must file a motion with the court by April 6, 2026. Participation is voluntary; shareholders who take no action will remain absent class members. Representation is on a contingency‑fee basis, meaning no fees or expenses are charged to claimants. Rosen Law Firm, which has recovered more than $1 billion for shareholders in past cases, invites interested parties to contact the firm for further details.
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