Important Reminder for Investors: BlackRock TCP Securities Class Action Deadline Approaches

Investor Alert: Upcoming Deadline for BlackRock TCP Securities Class Action

Faruqi & Faruqi, LLP, a prominent national securities law firm, is reaching out to investors in BlackRock TCP Capital Corp. regarding critical developments related to a federal securities class action. This notice serves as a vital reminder of the impending deadline on April 6, 2026, for those who have suffered financial losses and wish to seek compensation.

Understanding the Situation

BlackRock TCP, identified by its NASDAQ symbol TCPC, has recently been under scrutiny due to allegations of securities law violations. As reported, the company and its executives may have engaged in practices that misled investors. Key issues revolve around the improper valuation of the firm's investments and inadequate handling of portfolio challenges, which ultimately inflated the company's net asset value (NAV).

Faruqi & Faruqi is currently investigating potential claims against BlackRock TCP and its leadership. If you purchased or acquired securities from November 6, 2024, to January 23, 2026, you might be eligible to join the action.

Legal Implications

The class action lawsuit seeks to address numerous claims, including:
1. Misleading Statements: The company allegedly issued false and misleading information concerning the state of their investments, particularly regarding their valuation methods.
2. Unrealized Losses: It is claimed that BlackRock TCP understated its unrealized losses, which significantly impacted the financial health of the company.
3. Portfolio Quality Decline: Investors were not adequately informed about the company's struggles with portfolio restructuring, which resulted in worsening asset quality.

In a concerning press release dated February 27, 2025, BlackRock TCP disclosed significant financial declines, revealing that the number of portfolio companies with non-accrual status had more than doubled and that total losses surged dramatically compared to the previous year. These developments caused a notable drop in shareholder confidence, leading to a 9.64% decrease in share price shortly after the announcement.

Recovering Your Losses

Investors interested in pursuing claims or becoming a lead plaintiff in this class action should contact Josh Wilson, a senior partner at Faruqi & Faruqi. He is available for direct consultations via phone at 877-247-4292 or 212-983-9330 (Ext. 1310). You can also find further information on the law firm’s website at FaruqiLaw.com/TCPC.

Stay Informed

If you hold shares in BlackRock TCP, now is the time to stay vigilant and informed about your rights. The lead plaintiff selected will represent the interests of the entire class, but individual members can also opt to do nothing and remain in the class without any negative consequences regarding recovery.

Faruqi & Faruqi welcomes anyone with pertinent information related to the affairs of BlackRock TCP to come forward, including whistleblowers, former employees, and shareholders.

Conclusion

The upcoming deadline on April 6, 2026, serves as a crucial date for investors impacted by BlackRock TCP’s alleged misconduct. Don’t miss the opportunity to seek justice and recovery for your financial losses. Keep abreast of developments and prepare to act before it’s too late.

Stay connected with Faruqi & Faruqi for updates on this class action and other investor rights initiatives through platforms like LinkedIn, X, or Facebook.