Blue Owl Technology Finance Corp. Faces Securities Class Action Lawsuit
News related to:Blue Owl Technology Finance Corp · 1 min read
SAN FRANCISCO, Oct. 07, 2026 /CourierPR/ -- Blue Owl Technology Finance Corp., a New York City-based business development company, has faced legal scrutiny following a securities class action lawsuit filed by Girard Sharp LLP. The lawsuit, which targets the company, centers around a stock-for-stock transaction that took place on March 24, 2025. According to the complaint, the class includes former Blue Owl Technology Finance Corp. II (OTF II) shareholders who received newly issued Blue Owl Technology Finance Corp. (OTF) common stock in exchange for their OTF II securities.
Blue Owl Technology Finance Corp. focuses on making debt and equity investments in U.S. technology-related companies, with a strategic emphasis on software. As of June 30, 2026, the company reported that its portfolio consisted of investments in 205 portfolio companies with an aggregate fair value of $14.7 billion.
Since the acquisition, Blue Owl Technology Finance Corp.'s share price has experienced a significant decline. The lawsuit seeks to address the alleged misrepresentations in the offering materials, which the plaintiffs claim misled investors about the true value and nature of the transaction.
Girard Sharp LLP, a national investment, securities, and consumer class action law firm, has taken up the case. The firm has a history of successful litigation, including a recent $36.5 million securities settlement against Maxar Technologies following its acquisition of DigitalGlobe. Girard Sharp has also obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against large corporations such as Raymond James, John Hancock, and Sears.
If you are a former Blue Owl Technology Finance Corp. II investor with losses, the law firm encourages you to contact them for a free consultation. To reach Girard Sharp LLP, you can call (866) 981-4800.