Press release
Investigation announced for Investors who lost money with TriplePoint Venture Growth BDC Corp. (NYSE: TPVG)
An investigation for investors in TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) shares.
Investors who purchased shares of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by TriplePoint Venture Growth BDC Corp. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Menlo Park, CA based TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. 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."
Shares of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) declined to $9.41 per share on May 5, 2023.
Those who purchased shares of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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