TPVG LAWSUIT ALERT: Levi & Korsinsky Notifies Triplepoint Venture Growth BDC Corp. Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK, June 23, 2023 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Triplepoint Venture Growth BDC Corp. (“Triplepoint” or the “Company”) (NYSE: TPVG) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Triplepoint investors who were adversely affected by alleged securities fraud between March 4, 2020 and May 1, 2023. Follow the link below to get more information and be contacted by a member of our team:
TPVG investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed 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.
WHAT’S NEXT? If you suffered a loss in Triplepoint during the relevant time frame, you have until August 15, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171