Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) TriplePoint had overstated the strength of its various portfolio companies and loan book, as well as the viability of its overall investment strategy (ii) the foregoing, once revealed, was likely to have a material negative impact on the Company's financial position and/or prospects and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times. The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Such investors are encouraged to join this case by visiting the firm's site: Case Details: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased, or otherwise acquired TriplePoint securities between Maand May 1, 2023, inclusive (the "Class Period"). The term private fund generally includes funds commonly known as hedge funds and private equity funds. Using Philanthropy to Shape a More Just, Equitable, and Sustainable Future We manage a charitable portfolio of more than 356 million across nine regions around the globe. JAndrew Merrick An SPV, or special purpose vehicle, is a legal entity that allows multiple investors to pool their capital and make an investment in a single company. Private funds are pooled investment vehicles that are excluded from the definition of investment company under the Investment Company Act of 1940 by section 3 (c) (1) or 3 (c) (7) of that Act. ("TriplePoint" or "the Company") TPVG and certain of its officers. Learn how New Venture Fund projects turn ideas into positive impact in our communities, our country, and our world. NEW YORK, J(GLOBE NEWSWIRE) - Attorney Advertising - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against TriplePoint Venture Growth BDC Corp.
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