Class action lawsuit filed against BlackRock TCP over alleged securities fraud and NAV misstatements.

A class action lawsuit has been filed against BlackRock TCP Capital Corp. alleging securities fraud and unlawful business practices. The suit follows disclosures that BlackRock TCP's net asset value (NAV) was overstated, with a significant drop revealed in early 2025 and again in early 2026, causing sharp declines in the stock price. Investors who bought shares during the class period are invited to join the lawsuit. The case highlights concerns about transparency and accuracy in BlackRock TCP's financial reporting, with potential legal consequences for the company and its officers.