FSK DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds FS KKR Capital (FSK) Investors of Securities Class Action Deadline on July 3, 2026

NEW YORK--(BUSINESS WIRE)--May 4, 2026--

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against FS KKR Capital Corp. (“FS KKR Capital” or the “Company”) (NYSE: FSK) and reminds investors of the July 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company overstated the effectiveness of its portfolio restructuring efforts for its nonaccrual companies; (2) the Company overstated the valuation of its portfolio investments and/or overstated the effectiveness of the Company’s portfolio valuation process; (3) the Company overstated the durability of its quarterly distribution strategy; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On August 6, 2025, after the market closed, the Company reported second quarter 2025 earnings, revealing that the Company’s net asset value had declined to $21.93 per share, down $1.44, or 6.2% from the prior quarter, and the total fair value of investments fell $474 million, to $13,648 million. Moreover, the Company reported earnings (loss) per share of negative $0.75, down $1.18 or 274.4% from the prior quarter, and a total net realized and unrealized loss per share of negative $1.36, down $1.12 or 466.7% from the prior quarter. 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.

However, the Company maintained that its “operating results and corresponding net asset value” were merely “impacted by company specific issues affecting four portfolio companies, each of which have been discussed on prior earnings calls.”

On this news, share prices fell $1.66 or 8.20% to close at $18.58 per share on August 7, 2025, on unusually heavy trading volume.

Then, on February 25, 2026, after the market closed, 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 prior quarter, and the total fair value of investments fell another $406 million, to $13,009 million. Moreover, the Company reported earnings (loss) per share of negative $0.41, down $1.17 or 153.9% from the prior quarter, and a total net realized and unrealized loss per share of negative $0.89, down $1.08 or 568.421% from the prior quarter. Further, 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 (previously $0.70).

In the accompanying earnings call, the Company’s Chief Investment Officer was forced to acknowledge that its “recent underperformance reflects challenges in certain legacy investments” in addition to those previously discussed. Further, challenges ran much deeper, as the Company revealed issues with the identified companies only accounted for “ 50% of net realized and unrealized losses. ”

On this news, the Company’s stock price fell $2.03 or 15.24%, to close at $11.29 per share on February 26, 2026, on unusually heavy trading volume.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding FS KKR Capital’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the FS KKR Capital Corp. class action, go to www.faruqilaw.com/FSK or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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FSK DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds FS KKR Capital (FSK) Investors of Securities Class Action Deadline on July 3, 2026

EDMONTON, Alberta (AP) — Alberta separatists said Monday they have formally submitted almost 302,000 signatures to try to trigger a referendum on the province leaving Canada.

The group needed 178,000 signatures to force the province to consider such a vote.

The question of separation could go on a provincewide ballot as early as October, as Alberta Premier Danielle Smith has said she would move forward if enough names are gathered and verified. Smith has said she personally does not support the oil-rich province leaving Canada.

A yes vote would not trigger independence automatically. Negotiations with the federal government would have to take place and Daniel Béland, a political science professor at McGill University in Montreal, said some Indigenous groups who are already using the courts to prevent an independence referendum would use venues including the courts to stop independence from happening.

Mitch Sylvestre, the head of Stay Free Alberta, arrived at the Elections Alberta office in Edmonton on Monday leading a convoy of seven trucks to deliver the names.

“This day is historic in Alberta history,” Sylvestre said. “It’s the first step to the next step — we’ve gotten by Round 3 and now we’re in the Stanley Cup final.”

He said most papers were handled five times to verify the signatures.

More than 300 supporters gathered, waving the provincial flag and chanting “Alberta strong.”

However, the petition could face another hurdle this week as an Edmonton, Alberta judge is expected to rule on a court challenge launched by a group of Alberta First Nations who say Alberta separation would violate treaty rights.

Smith has accused previous federal Liberal governments of introducing legislation that hamstrings Alberta’s ability to produce and export oil, which she said has cost the province billions of dollars. She also said she doesn’t want the federal government meddling in provincial issues.

Prime Minister Mark Carney's federal government did not immediately respond to the development.

Béland, the political science professor at McGill, said a referendum is likely to lose.

“Right now, support for independence in Alberta is rather low. Less than 30% and much lower if we only focus on hard core supporters. And the odds of a victory of the pro-independence camp appear to be low at this stage," he said.

Béland also said considering recent news of a large data breach involving an Alberta separatist group, the formal verification process is especially crucial to make sure the signatures are authentic.

“Mark Carney is indeed popular, even in Alberta. The push for independence by some Albertans predates his prime ministership and it’s related to economic, fiscal, and political grievances about the seemingly unfair treatment of Alberta by the federal government," he said. “These concerns increased during the Justin Trudeau years but they have peaked and even declined since he left office.”

Associated Press writer Rob Gillies in Toronto contributed to this report.

Mitch Sylvestre talks with supporters before he submits his signatures for a separation referendum to Elections Alberta in Edmonton, on Monday, May 4, 2026. (Jason Franson/The Canadian Press via AP)

Supporters fly flags in support of Mitch Sylvestre as he submits his signatures for a separation referendum to Elections Alberta in Edmonton, on Monday, May 4, 2026. (Jason Franson/The Canadian Press via AP)

Supporters fly flags in support of Mitch Sylvestre as he submits his signatures for a separation referendum to Elections Alberta in Edmonton, on Monday, May 4, 2026. (Jason Franson/The Canadian Press via AP)

Supporters carry boxes of signatures to submit for a separation referendum to Elections Alberta in Edmonton, on Monday, May 4, 2026. (Jason Franson/The Canadian Press via AP)

Supporters carry boxes of signatures to submit for a separation referendum to Elections Alberta in Edmonton, on Monday, May 4, 2026. (Jason Franson/The Canadian Press via AP)