Class Action Lawsuit Reminder: TriplePoint Venture Growth BDC Corp. Investors May Be Eligible for Compensation

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TriplePoint Venture Growth BDC Corp. investors may have a chance to receive compensation through a class action lawsuit. The Rosen Law Firm, a global investor rights law firm, has issued a reminder to investors who purchased securities of TriplePoint Venture Growth BDC Corp. between March 4, 2020, and May 1, 2023, that the lead plaintiff deadline is approaching on August 15, 2023.

Investors who bought TriplePoint securities during this period may be entitled to compensation without having to pay any out-of-pocket fees or costs. To join the class action, investors can visit the Rosen Law Firm website or contact Phillip Kim, Esq., toll-free at 866-767-3653, or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

The lawsuit alleges that throughout the Class Period, TriplePoint misrepresented the strength of its various portfolio companies and loan book, as well as the viability of its overall investment strategy. The lawsuit claims that when the true details were revealed, investors suffered damages.

The Rosen Law Firm encourages investors to choose qualified counsel with a successful track record in leadership roles. They caution against selecting firms that lack comparable experience, resources, or meaningful peer recognition. The Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, representing investors worldwide. The firm has achieved record-breaking settlements and has recovered hundreds of millions of dollars for investors.

It’s important to note that no class has been certified in this case, and investors are not represented by counsel unless they retain one. Investors can choose their own counsel or remain absent class members if they wish. The ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

By following the provided guidelines, this news article aims to deliver the necessary information in a clear and concise manner.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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