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BlackRock faces securities fraud investigation after limiting withdrawals from key credit fund.

Market News
31 Mar 2026
GlobeNewsWire
View Source
Bearish
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Pomerantz LLP is investigating BlackRock and some of its executives for possible securities fraud following BlackRock's decision to limit withdrawals from its HPS Corporate Lending Fund (HLEND) after investor redemption requests exceeded 5%. This move caused BlackRock's stock to drop nearly 8% on March 6, 2026. The investigation aims to determine if unlawful business practices occurred, which could impact investor confidence and the company's reputation. Investors affected by this are encouraged to contact Pomerantz LLP for potential class action participation.

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