HTGCAnother day, another HTGC headache
Hercules Capital is back in the legal crosshairs. A new securities class action says investors who bought in the May 1, 2025 to February 27, 2026 window may have claims, and the suit leans on Hunterbrook Media’s critical report, “The Myth of Hercules Capital.”
Why this matters
This isn’t just courtroom theater. Class actions can hang around like that one group chat you can’t mute — they keep the stock story noisy, can add legal costs, and may make investors a little skittish about underwriting the company’s growth narrative.
The allegation in plain English
The report cited in the notice claims Hercules’ deal-sourcing process may have been less proprietary than advertised, with the accusation that it copied deals published on Google Ventures’ website. That’s the sort of thing that can spook the market if investors start wondering what else was embellished.
Big picture
For now, this is still a lawsuit notice, not a courtroom verdict. But if you own HTGC, the takeaway is simple: legal risk just became part of the valuation math again.