Pomerantz Law Firm Initiates Investigation for Horizon Technology Finance Corp. Investors
Overview of the Investigation
Pomerantz LLP, a distinguished law firm specialized in securities class action lawsuits, has recently announced an investigation concerning claims from investors of Horizon Technology Finance Corporation (NASDAQ: HRZN). The law firm is particularly focused on whether Horizon and its leadership engaged in any fraudulent activities or unlawful business practices that might have harmed investors' interests.
Recent Financial Performance
On March 4, 2025, Horizon Technology Finance Corp. unveiled its financial reports for the fourth quarter and the entirety of 2024. However, the results did not align with investors' expectations. The company recorded a total investment income of $23.5 million, significantly below the anticipated $26.1 million, and reflected a decline compared to both the prior year and the preceding quarter. Additionally, the company's net asset value per share dropped from $9.06 to $8.43, a decline attributed by the CEO to