FS KKR Investors Face Early July Deadline to Seek Lead Role in Securities Case

Overview

• Investor notices published Wednesday and Thursday set July 3 or July 6 to seek lead-plaintiff status in Stuart v. FS KKR, covering purchases from May 8, 2024 to February 25, 2026.
• The complaint says the Business Development Company overstated progress on troubled loans, inflated portfolio values, and overstated the staying power of its quarterly distribution.
• Q2 2025 results showed NAV down to $21.93 and a $474 million fair-value drop, followed by an 8.2% share decline on August 7, 2025.
• Following February 25, 2026 results that revealed NAV at $20.89, another $406 million decline, and a cut to a $0.48 dividend, the stock fell 15.24% on February 26.
• Plaintiff filings total the 2025 fair-value losses at about $880 million and say NAV slid from $24.32 in March 2024 to $20.89 by December 2025.