Particle.news
Download on the App Store

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.