TriplePoint Venture Growth BDC Corp. Investigation
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Girard Sharp, LLP is investigating securities claims on behalf of investors who acquired stock in TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) and experienced losses of $100,000 or greater. If you acquired TriplePoint stock and would like to discuss your potential claim, please fill out the form below or call (866) 981-4800 for a free consultation.
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More Information on the TriplePoint Venture Growth BDC Corp. Investigation
TriplePoint Venture Growth BDC Corp. (“TPVG”) describes itself as a “financing provider devoted to serving venture capital-backed companies.” According to a report issued by the Bear Cave on May 2, 2023, TPVG has “a weaker loan book saddled by portfolio company bankruptcies and upside-down startups.” The report further stated “the Bear Cave believes TriplePoint’s equity may be severely impaired, if it has any value at all.”
Following the report, shares of TPVG stock dropped approximately 8% in intraday trading on May 2.
If you acquired TPVG stock, contact us using the form above or call (866) 981-4800.
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