TriplePoint Venture Growth BDC Corp.

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) resulting from allegations that TriplePoint may have issued materially misleading business information to the investing public.

If you purchased TriplePoint securities and would like to join the prospective action, please click “Join This Class Action.”

If you purchased TriplePoint securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On May 2, 2023, the Bear Cave released a report highlighting issues at TriplePoint Venture Growth BDC Corp. alleging that “TriplePoint is encumbered by high fees, weak management, and a weaker loan book saddled by portfolio company bankruptcies and upside-down startups,” and states that “the Bear Cave believes TriplePoint’s equity may be severely impaired, if it has any value at all.”

On this news, TriplePoint’s stock price fell more than 8% in intraday trading on May 2, 2023.

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Company Name: TriplePoint Venture Growth BDC Corp.
Stock Symbol: TPVG
Class Period: N/A
Court: N/A

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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