Arons & Arons, LLC. Announces the Filing of a Securities Class Action Against Triangle Capital Corporation (“Triangle”)

SOUTH ORANGE, N.J.--(BUSINESS WIRE)--The Law Firm of Arons & Arons, LLC. hereby notifies investors of Triangle Capital Corporation (NYSE: TCAP) that a class action lawsuit has been filed on behalf of those who purchased or otherwise acquired shares between May 7^th, 2014 and November 1^st, 2017 (the “Class Period”).

If you are a member of the class described above, you must apply no later than January 22^nd, 2018 to serve as the lead plaintiff of the class. For more information please contact Arons & Arons, LLC. (Jeffrey S. Arons, Esq.) at [phone] or [phone], or by email at [e-mail].

According to the complaint, Triangle and certain officers violated the Securities Exchange Act of 1934 by making false and misleading statements and failing to disclose material information concerning Triangle’s business prospects. It is alleged, in part, that Triangle used an aggressive form of fair value accounting where it recognized loan income before the income was actually paid to the Company. As a result, Triangle’s business prospects and ability to maintain a dividend level were materially impaired. However, throughout the class period, Triangle continued to make false statements and omissions which caused the Triangle stock price to become artificially inflated. Ultimately the truth about Triangle’s misconduct was released and the value of the of the stock declined significantly.

If you are investor and interested in serving as a lead plaintiff to act on behalf of the other class members in directing this litigation please contact Arons & Arons, LLC. as soon as possible. To expedite our review of your claim please complete the online information form found here; https://www.aronslaw.net/triangle. Upon completion of this form, you will be contacted. For more information about serving as a lead plaintiff, please visit, https://www.aronslaw.net/faq.

Arons & Arons, LLC. is a family oriented law firm that provides representation for investors who have been victimized by securities fraud. Our attorneys understand the financial and emotional trauma that securities fraud can cause, and we are relentless in our efforts to hold corporate wrongdoers accountable and obtain compensation for our clients. For over 30 years our attorneys have provided personal, accessible, and effective legal representation for our clients.

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