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Practice Area: Securities Fraud & Investor Protection
Case Status: Pending
Ticker Symbol: NYSE: FSK
Investigation Deadline: July 6, 2026
National plaintiffs’ law firm Berger Montague PC announces a class action lawsuit against FS KKR Capital Corp. (NYSE: FSK) (“FS KKR” or the “Company”) on behalf of investors who purchased or acquired FS KKR securities during the period from May 8, 2024 through February 25, 2026 (the “Class Period”).
Investor Deadline: Investors who purchased or acquired FS KKR securities during the Class Period may, no later than July 6, 2026, seek to be appointed as a lead plaintiff representative of the class.
Headquartered in Phila., PA, FS KKR is a private credit firm specializing in debt investments from which it earns revenue in the form of interest income, as well as other fees and dividends.
According to the complaint, investors first learned the true state of FS KKR’s finances on August 6, 2025, when the Company reported second quarter 2025 earnings. On that date, Defendants announced that the Company’s net asset value had declined to $21.93 per share, a decrease of $1.44 (6%) from the prior quarter, and the total fair value of investments declined $474 million, to $13.6 billion. Further, investments on non-accrual status rose to 3.0% and 5.3% of the total investment portfolio at fair value and amortized cost, respectively, compared to 2.1% and 3.5% in the prior quarter.
Following this disclosure, the Company’s share prices fell $1.66 per share, or 8%, to close at $18.58 per share on August 7, 2025.
Subsequently, on February 25, 2026, the Company announced fourth quarter and full year 2025 earnings, revealing net asset value had continued to decline to $20.89, down $1.10 (or 5%) from the prior quarter, and the total fair value of investments fell another $406 million, to $13.0 billion. Investments on non-accrual status again rose to 3.4% and 5.5% of the total investment portfolio at fair value and amortized cost, respectively, compared to 2.9% and 5.0% in the prior quarter. The Company also “acknowledge[d] specific challenges” with additional companies and cut its dividend to $0.48 per share (down from $0.70).
On this news, the Company’s stock price fell $2.03 per share, or 15%, to close at $11.29 per share on February 26, 2026.
If you are an FS KKR investor and would like to learn more about this action, please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.
About Berger Montague
Berger Montague is one of the nation’s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
For more information or to discuss your rights, please contact:
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com
Caitlin Adorni
Director of Portfolio and Institutional Client Monitoring Services
Berger Montague
(267) 764-4865
cadorni@bergermontague.com
Director of Portfolio and Institutional Client Monitoring Services
A class action has been filed against the company over losses suffered by investors and Berger Montague is currently speaking with investors about their options.
Your information will be reviewed by our legal team. If you appear eligible, we will contact you as soon as possible to discuss next steps and answer any questions you may have.
Yes. Any information you provide will be kept secure and used only for purposes related to this investigation.
No. An initial consultation is completely free of charge. If you qualify, you will not be asked to pay any upfront legal fees.
