BlackRock TCP Investors Face April 6 Deadline in Securities Class Action
The suit claims the lender overstated asset values, causing investor losses.
Overview
- Investor notices highlight an April 6, 2026 deadline to ask a court to serve as lead plaintiff in the case.
- The filed complaint targets buyers of TCPC shares between November 6, 2024 and January 23, 2026.
- Plaintiffs allege BlackRock TCP failed to value investments on time, botched portfolio fixes, understated unrealized losses, and overstated net asset value.
- No class has been certified yet, and investors are not represented by counsel unless they retain one or a class is certified.
- Levi & Korsinsky, Rosen Law Firm, and the Law Offices of Howard G. Smith are recruiting clients on a contingency basis, with Rosen urging those with losses over $100,000 to act before the deadline.