Investors Alerted to August 15th Deadline in TriplePoint Venture Growth BDC Corp. Securities Class Action Lawsuit
New York, New York – The Rosen Law Firm, a renowned global investor rights law firm, is sending out a reminder to investors who purchased securities of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) between March 4, 2020, and May 1, 2023, that the lead plaintiff deadline for the securities class action lawsuit is August 15, 2023.
Investors who bought TriplePoint securities during the Class Period may be eligible for compensation through a contingency fee arrangement, without having to pay any out-of-pocket fees or costs.
To join the TriplePoint class action, interested parties can visit https://rosenlegal.com/submit-form/?case_id=15759 or contact Phillip Kim, Esq. toll-free at 866-767-3653 or via email at [email protected] or [email protected] for further information on the class action. A class action lawsuit has already been filed, and to serve as the lead plaintiff, individuals must take action and move the Court no later than August 15, 2023. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.
The Rosen Law Firm is renowned for its expertise in securities class actions and shareholder derivative litigation, with a track record of successful leadership roles. Investor rights should be protected with qualified counsel who possess relevant experience, resources, and peer recognition. Many firms issuing notices lack comparable experience and may not actually litigate securities class actions but merely act as middlemen by referring clients or partnering with law firms that handle the cases.
The TriplePoint securities class action lawsuit alleges that throughout the Class Period, the defendants made materially false and misleading statements, and/or failed to disclose important information. These include claims that TriplePoint had overstated the strength of its various portfolio companies and loan book, as well as the viability of its overall investment strategy. It is further alleged that the disclosure of these details would have had a material negative impact on the company’s financial position and prospects. As a result, the lawsuit argues that the Company’s public statements were false and misleading. Investors allegedly suffered damages when the true details were made public.
Until a class is certified, individuals are not represented by counsel unless they retain one. Investors have the option to choose counsel or remain an absent class member. However, the ability to share in any potential future recovery does not depend on serving as the lead plaintiff.
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Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com
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