Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against TriplePoint Venture Growth BDC Corp. (“TriplePoint” or the “Company”) (NYSE: TPVG) on behalf of TriplePoint stockholders. Our investigation concerns whether TriplePoint has violated the federal securities laws and/or engaged in other unlawful business practices.
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The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. TriplePoint is the subject of a report issued by the Bear Cave on May 2, 2023. According to the report, “TriplePoint is encumbered by high fees, weak management, and a weaker loan book saddled by portfolio company bankruptcies and upside-down startups,” adding that “the Bear Cave believes TriplePoint’s equity may be severely impaired, if it has any value at all.”
On this news, shares of TriplePoint fell by nearly 7.9% on the same day.
If you purchased or otherwise acquired TriplePoint shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230508005798/en/
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
