(P1) The Portnoy Law Firm has announced a class-action lawsuit against Hercules Capital, Inc., on behalf of investors who purchased securities between May 1, 2025, and January 27, 2026.
(P2) "If you purchased Hercules Capital securities during the Class Period you may be entitled to compensation," the Rosen Law Firm stated in a similar notice to investors.
(P3) The lawsuit alleges that Hercules Capital made false and misleading statements and failed to disclose that it overstated the due diligence with which it conducted its deal sourcing, loan origination, and portfolio valuation processes. The company is also accused of misclassifying portfolio investments.
(P4) This action follows a separate lawsuit filed by the Rosen Law Firm, which has a lead plaintiff deadline of May 19, 2026. The legal proceedings may create downward pressure on HTGC's stock price due to potential costs and damage to investor confidence.
According to the lawsuits, Hercules Capital misrepresented its business operations and prospects. The firm is accused of overstating its due diligence and portfolio valuations, which, when revealed, allegedly caused damages to investors. The lawsuits claim that the company's positive statements lacked a reasonable basis.
Investors who wish to join the class action led by The Portnoy Law Firm must move the Court no later than May 21, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
This article is for informational purposes only and does not constitute investment advice.
