Faruqi & Faruqi Investigation: TICC Capital Corp.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of TICC Capital Corp. (“TICC” or the “Company”) (NasdaqGS:TICC) for potential breaches of fiduciary duties in connection with the sale of the Company to TPG Specialty Lending for approximately $450 million in a stock transaction.
The Company’s stockholders will only receive $7.50 a share in stock for each share of TICC common stock they own. However, the offer is significantly below at least one analyst’s target price of $9.00.
If you own common stock in TICC and wish to obtain additional information and protect your investments free of charge, please contact F&F's Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.