TCPC Investors Have Opportunity to Lead BlackRock TCP Capital Corp. Securities Fraud Lawsuit
Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of
So what: If you purchased BlackRock TCP securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the BlackRock TCP class action, go to https://rosenlegal.com/submit-form/?case_id=52921 or call
Why
Details of the case: According to the lawsuit, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about BlackRock TCP's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) BlackRock TCP's investments were not being timely and/or appropriately valued; (2) BlackRock TCP's efforts at portfolio restructuring were not effectively resolving challenged credits or improving the quality of the portfolio; (3) as a result, BlackRock TCP's unrealized losses were understated; (4) as a result, BlackRock TCP's NAV was overstated; and (5) as a result of the foregoing, defendants' positive statements about BlackRock TCP's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the BlackRock TCP class action, go to https://rosenlegal.com/submit-form/?case_id=52921 or call
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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