yahoo news | BLACKROCK TCP ALERT: Bragar Eagel & Squire, P.C.
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yahoo news | BLACKROCK TCP ALERT: Bragar Eagel & Squire, P.C. Urgently Reminds BlackRock TCP...
Bragar Eagel & Squire, P.C., a nationally recognized stockholder‑rights law firm, announced that a class‑action lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of all investors who purchased or otherwise acquired BlackRock TCP Capital Corp. (NASDAQ: TCPC) securities between November 6 2024 and January 23 2026. The complaint alleges that, during this “Class Period,” BlackRock TCP’s officers made materially false or misleading statements and failed to disclose several adverse facts, including that the firm’s investments were not being timely or appropriately valued, that portfolio‑restructuring efforts were ineffective, that unrealized losses were understated, and that the company’s net asset value (NAV) was consequently overstated. On January 23 2026 the company disclosed a 19 % decline in NAV due to a sharp rise in non‑performing loans, causing the stock to drop 12.97 % to $5.10 per share three days later.
Investors who bought BlackRock TCP shares and suffered losses have until April 6 2026 to apply to the court to be appointed as lead plaintiff. Bragar Eagel & Squire urges affected shareholders, long‑term stockholders, or anyone with information to contact the firm directly to discuss legal options. The firm’s litigation partners, Brandon Walker and Melissa Fortunato, are available by phone at (212) 355‑4648 or by email at investigations@bespc.com, and a contact form is also provided on the firm’s website. There is no cost or obligation to reach out.
Bragar Eagel & Squire, P.C. operates offices in New York, South Carolina, and California and represents individual and institutional investors in securities, derivative, and commercial litigation, as well as consumer‑protection and data‑privacy matters. For further details about the lawsuit, the firm’s practice, or to stay updated, interested parties can visit www.bespc.com or follow the attorneys on LinkedIn. This announcement was distributed through GlobeNewswire as a paid placement.
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