Faruqi & Faruqi Appointed Sole Lead Counsel to Represent BlackRock TCP Capital Corp. Shareholders in Securities Class Action

On June 10, 2026, Judge Andre Birotte Jr of the Central District of California appointed Faruqi & Faruqi, LLP, as sole lead counsel in In Re BlackRock TCP Capital Corp Securities Litigation, Docket No. 2:26-cv-01102 (C.D. Cal. Feb 03, 2026). The BlackRock TCP Capital complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) the Company’s investments were not being timely and/or appropriately valued; (2) the Company’s efforts at portfolio restructuring were not effectively resolving challenged credits or improving the quality of the portfolio; (3) as a result, the Company’s unrealized losses were understated; (4) as a result, the Company’s NAV was overstated; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

For further inquiries regarding this matter, please contact James M. Wilson, Jr. at jwilson@faruqilaw.com or (212) 983-9330.

A copy of the Court’s order is linked below.