Robbins LLP has filed a class action lawsuit on behalf of investors who purchased BlackRock TCP Capital Corp. (NASDAQ: TCPC) securities between November 6, 2024, and January 23, 2026. The firm alleges that BlackRock TCP, a business development company providing loans to small and midsize businesses, did not properly disclose issues related to the valuation of its investments and the effectiveness of its portfolio restructuring efforts during this period.
Investors who acquired BlackRock TCP securities during the specified timeframe are encouraged to consider their rights and the upcoming deadline to seek lead plaintiff status. For more information or to participate, interested parties can contact Robbins LLP via their website, email, or phone.
**Why this matters**
Accurate and timely disclosure of a company’s financial health and business operations is critical for investor decision-making. If the allegations are proven, it could indicate that BlackRock TCP misled investors about the true condition of its investment portfolio and restructuring strategies, potentially impacting the value of their securities.
Source: NewsData