SAN FRANCISCO, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment, securities, and consumer class action law firm, has filed a securities class action against Blue Owl Technology Finance Corp. (“OTF”). According to the complaint, the class includes former OTF II shareholders who acquired newly issued OTF common stock in exchange for OTF II securities pursuant to the March 24, 2025 stock-for-stock transaction (the “Merger”) by which OTF merged with and acquired OTF II (the “Class”).
Blue Owl Technology Finance Corp. is a New York City-based business development company that focuses on “making debt and equity investments to U.S. technology-related companies, with a strategic focus on software.” The company states that, “As of June 30, 2026, our portfolio consisted of investments in 205 portfolio companies with an aggregate fair value of $14.7 billion.”
The complaint alleges the offering materials for the Merger “contained untrue statements of material fact, materially incomplete and misleading statements, and omitted material facts that were both required by governing regulations and necessary to make the statements made therein not misleading.”
Since March 24, 2025, the date upon which OTF issued shares to former OTF II investors, OTF’s share price has severely declined.
If you are a former OTF II investor with losses, please fill out this form, email apolk@girardsharp.com, or call (866) 981-4800 for a free consultation.
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Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We recently obtained a $36.5 million securities settlement against Maxar Technologies, a space imagery company, after its share price collapsed following its acquisition of DigitalGlobe. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.
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