Shareholders Notified of Lead Plaintiff Deadline in FS KKR Capital Corp. Lawsuit
A class action lawsuit has been filed against FS KKR Capital Corp. (NYSE: FSK) over alleged misrepresentations in portfolio valuations, which led to an $880 million fair value loss. The lawsuit claims the company overstated its portfolio's health, resulting in a 15.24% drop in share price following a corrective disclosure. Shareholders have until July 6, 2026, to appoint a lead plaintiff.
Tickers: $FSK
Topics: BDC fair value financial misrepresentation private credit shareholder losses