yahoo news | BlackRock TCP Capital Corp. Investor Alert - TCPC Stockholders with Large Losses...
Robbins LLP has issued an investor alert for holders of BlackRock TCP Capital Corp. (NASDAQ: TCPC) who incurred large losses. The law firm reminds shareholders that a securities class action was filed on behalf of anyone who purchased or otherwise acquired TCPC securities between Nov. 6 2024 and Jan. 23 2026. BlackRock TCP is a business‑development company that raises capital to make loans to small‑ and mid‑size businesses as an alternative to traditional bank financing. Interested parties can request more information by submitting a form, emailing attorney Aaron Dumas, Jr., or calling the firm’s toll‑free line.
The complaint alleges that during the class period the company misled investors by (1) failing to timely and appropriately value its investments, (2) not effectively restructuring its portfolio to resolve challenged credits, (3) understating unrealized losses, (4) overstating net asset value (NAV), and (5) making materially misleading positive statements about its business, operations, and prospects. On Jan. 23 2026, after market hours, BlackRock TCP disclosed that its NAV per share was actually $7.05‑$7.09, roughly 19 % lower than the prior quarter and 23.4 % lower year‑over‑year, causing the stock to drop $0.76 (about 13 %) to $5.10 on Jan. 26 2026.
Shareholders who wish to serve as lead plaintiff must file their papers by April 6 2026; however, participation is not required to receive a potential recovery, and those who take no action will remain absent class members. Robbins LLP works on a contingency‑fee basis, meaning shareholders pay no fees or expenses up front. The firm also offers a free “Stock Watch” alert service for updates on any settlement or future wrongdoing by corporate executives.


