TheBadPlaceyahoo news | ...Pomerantz Law Firm Reminds Investors with Losses on their Investment in...
Pomerantz LLP has filed a class‑action lawsuit against BlackRock TCP Capital Corp. (NASDAQ: TCPC), alleging securities fraud and other unlawful business practices by the company and certain officers or directors. Investors who purchased or otherwise acquired BlackRock TCP securities during the class period are urged to contact Danielle Peyton at [email protected] or 646‑581‑9980 (ext. 7980) and to include their mailing address, telephone number, and the number of shares owned. The deadline to request appointment as Lead Plaintiff is April 6, 2026, and a copy of the complaint is available at www.pomerantzlaw.com.
The complaint cites two key disclosures by BlackRock TCP that allegedly misled investors. On February 27, 2025 the firm reported that the number of portfolio companies on non‑accrual status had more than doubled and that its net asset value (NAV) had fallen over 22 % year‑over‑year to $9.23 per share, yet claimed the NAV figure was accurate and that the majority of the portfolio was performing well; the news triggered a 9.6 % drop in the company’s stock price. Later, on January 23, 2026, BlackRock TCP revised its NAV per share for December 31, 2025 to a range of $7.05‑$7.09—19 % lower than the prior quarter and 23.4 % lower than the prior year—causing the stock to fall nearly 13 %.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is recognized as a leading firm in corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, the firm has a 85‑year history of representing victims of securities fraud, breaches of fiduciary duty, and corporate misconduct, securing numerous multimillion‑dollar recoveries for class members. Attorney advertising disclaimer: prior results do not guarantee similar outcomes.