{"success":true,"data":{"pressRelease":{"id":"142987","rtpr_id":"nBw7ssPxja-20260914","ticker":"FSK","exchange":"NYSE","all_tickers":["FSK"],"title":"FS KKR Capital Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of FS KKR Capital Corp. - FSK","author":"Business Wire","published_at":"2026-09-14T18:22:00.116Z","article_body":"FS KKR Capital Investigation Initiated: Kahn Swick & Foti, LLC\nInvestigates the Officers and Directors of FS KKR Capital Corp. - FSK\n\nFormer Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at\nthe law firm of Kahn Swick & Foti\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.ksfcounsel.com%2F&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=Kahn+Swick+%26amp%3B+Foti&index=1&md5=fc0118b174f973f9987a857096fce3fb)\n, LLC (“KSF”), announces that KSF has commenced an investigation into FS\nKKR Capital Corp\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-fsk%2F%3Fprs%3Dbw&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=FS+KKR+Capital+Corp&index=2&md5=44781998910779ae9fa2239f038aa754)\n. (\"FSK\" or \"the Company\") (NYSE: FSK).\n\nIn August 2025 and again in February 2026, the Company reported results that\ngradually revealed how much trouble its investment portfolio was really in. On\nAugust 6, 2025, the Company announced second quarter results showing that the\nvalue of its holdings had dropped sharply, that it had swung to a loss for the\nquarter, and that a growing share of its investments had stopped making\npayments, problems the Company described as limited to four portfolio\ncompanies previously addressed.\n\nThen, on February 25, 2026, the Company reported fourth quarter and full year\n2025 results showing the same declines had continued: the portfolio lost value\nagain, the Company posted another quarterly loss, non-paying investments\nincreased further, and the Company cut its dividend by nearly a third. It also\nconceded that problems extended to still more portfolio companies than\npreviously identified. On the accompanying earnings call, Chief Investment\nOfficer Pietrzak admitted that even the troubled investments the Company had\nidentified accounted for only about half of its losses, and that its rate of\nnon-paying investments was running above the industry average.\n\nThereafter, the Company\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-fsk%2F%3Fprs%3Dbw&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=Company&index=3&md5=6add805fb4d8a3ebb6378765991001eb)\nand certain of its executives were sued in a securities class action lawsuit,\ncharging them with failing to disclose material information during the Class\nPeriod in violation of federal securities laws, which remains ongoing.\n\nKSF’s investigation is focusing on whether FSK’s officers and/or directors\nbreached their fiduciary duties to its shareholders or otherwise violated\nstate or federal laws.\n\nIf you have information that would assist KSF in its investigation, or have\nbeen a long-term holder of FSK shares and would like to discuss your legal\nrights, you may, without obligation or cost to you, call toll-free at\n1-833-538-3606 or email KSF Managing Partner Lewis Kahn\n(lewis.kahn@ksfcounsel.com (mailto:lewis.kahn@ksfcounsel.com) ), or visit\nhttps://www.ksfcounsel.com/cases/nyse-fsk/\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-fsk%2F%3Fprs%3Dbw&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-fsk%2F&index=4&md5=31bf4d2cbba14066162b1f002738abe4)\nto learn more.\n\nAbout Kahn Swick & Foti, LLC\n\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti,\nJr., is one of the nation’s premier boutique securities litigation law\nfirms. This past year, KSF was ranked by SCAS among the top 10 firms\nnationally based upon total settlement value. KSF serves a variety of clients,\nincluding public and private institutional investors, and retail investors -\nin seeking recoveries for investment losses emanating from corporate fraud or\nmalfeasance by publicly traded companies. KSF has offices in New York,\nDelaware, California, Louisiana, Chicago, and a representative office in\nLuxembourg.\n\nTOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services\n\nTo learn more about KSF, you may visit www.ksfcounsel.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.ksfcounsel.com&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=www.ksfcounsel.com&index=5&md5=61d9f342d7ce7e7eb4fea3a20ff657f9)\n.\n\nCONNECT WITH US: Facebook\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2Fprofile.php%3Fid%3D61575733915628&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=Facebook&index=6&md5=cf9d50132ac3e9ec030dfcc288bbbe31)\n|| Instagram\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fkahn_swick_and_foti%2F&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=Instagram&index=7&md5=253812e3d760f55b2cc45e4555ba9920)\n|| YouTube\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.youtube.com%2F%40kahnswickandfoti&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=YouTube&index=8&md5=96c73a33cdbb6bfd4ada4a5296f75730)\n|| TikTok\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.tiktok.com%2F%40kahn.swick.foti&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=TikTok&index=9&md5=4fd1f1c0f920781e8321ba2c5b274cfb)\n|| LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fksfcounsel&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=LinkedIn&index=10&md5=929636fbcb349e7663d067aa5a136b72)\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260914642353/en/\n(https://www.businesswire.com/news/home/20260914642353/en/)\n\nKahn Swick & Foti, LLC\n\nLewis Kahn, Managing Partner\n\nlewis.kahn@ksfcounsel.com \n(mailto:lewis.kahn@ksfcounsel.com) \n1-833-538-3606\n\n1100 Poydras St., Suite 960\n\nNew Orleans, LA 70163\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw7ssPxja-20260914","title":"FS KKR Capital Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of FS KKR Capital Corp. - FSK","author":"Business Wire","ticker":"FSK","created":"2026-09-14T18:22:00.116Z","tickers":["FSK"],"exchange":"NYSE","article_body":"FS KKR Capital Investigation Initiated: Kahn Swick & Foti, LLC\nInvestigates the Officers and Directors of FS KKR Capital Corp. - FSK\n\nFormer Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at\nthe law firm of Kahn Swick & Foti\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.ksfcounsel.com%2F&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=Kahn+Swick+%26amp%3B+Foti&index=1&md5=fc0118b174f973f9987a857096fce3fb)\n, LLC (“KSF”), announces that KSF has commenced an investigation into FS\nKKR Capital Corp\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-fsk%2F%3Fprs%3Dbw&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=FS+KKR+Capital+Corp&index=2&md5=44781998910779ae9fa2239f038aa754)\n. (\"FSK\" or \"the Company\") (NYSE: FSK).\n\nIn August 2025 and again in February 2026, the Company reported results that\ngradually revealed how much trouble its investment portfolio was really in. On\nAugust 6, 2025, the Company announced second quarter results showing that the\nvalue of its holdings had dropped sharply, that it had swung to a loss for the\nquarter, and that a growing share of its investments had stopped making\npayments, problems the Company described as limited to four portfolio\ncompanies previously addressed.\n\nThen, on February 25, 2026, the Company reported fourth quarter and full year\n2025 results showing the same declines had continued: the portfolio lost value\nagain, the Company posted another quarterly loss, non-paying investments\nincreased further, and the Company cut its dividend by nearly a third. It also\nconceded that problems extended to still more portfolio companies than\npreviously identified. On the accompanying earnings call, Chief Investment\nOfficer Pietrzak admitted that even the troubled investments the Company had\nidentified accounted for only about half of its losses, and that its rate of\nnon-paying investments was running above the industry average.\n\nThereafter, the Company\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-fsk%2F%3Fprs%3Dbw&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=Company&index=3&md5=6add805fb4d8a3ebb6378765991001eb)\nand certain of its executives were sued in a securities class action lawsuit,\ncharging them with failing to disclose material information during the Class\nPeriod in violation of federal securities laws, which remains ongoing.\n\nKSF’s investigation is focusing on whether FSK’s officers and/or directors\nbreached their fiduciary duties to its shareholders or otherwise violated\nstate or federal laws.\n\nIf you have information that would assist KSF in its investigation, or have\nbeen a long-term holder of FSK shares and would like to discuss your legal\nrights, you may, without obligation or cost to you, call toll-free at\n1-833-538-3606 or email KSF Managing Partner Lewis Kahn\n(lewis.kahn@ksfcounsel.com (mailto:lewis.kahn@ksfcounsel.com) ), or visit\nhttps://www.ksfcounsel.com/cases/nyse-fsk/\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-fsk%2F%3Fprs%3Dbw&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-fsk%2F&index=4&md5=31bf4d2cbba14066162b1f002738abe4)\nto learn more.\n\nAbout Kahn Swick & Foti, LLC\n\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti,\nJr., is one of the nation’s premier boutique securities litigation law\nfirms. This past year, KSF was ranked by SCAS among the top 10 firms\nnationally based upon total settlement value. KSF serves a variety of clients,\nincluding public and private institutional investors, and retail investors -\nin seeking recoveries for investment losses emanating from corporate fraud or\nmalfeasance by publicly traded companies. KSF has offices in New York,\nDelaware, California, Louisiana, Chicago, and a representative office in\nLuxembourg.\n\nTOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services\n\nTo learn more about KSF, you may visit www.ksfcounsel.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.ksfcounsel.com&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=www.ksfcounsel.com&index=5&md5=61d9f342d7ce7e7eb4fea3a20ff657f9)\n.\n\nCONNECT WITH US: Facebook\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2Fprofile.php%3Fid%3D61575733915628&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=Facebook&index=6&md5=cf9d50132ac3e9ec030dfcc288bbbe31)\n|| Instagram\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fkahn_swick_and_foti%2F&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=Instagram&index=7&md5=253812e3d760f55b2cc45e4555ba9920)\n|| YouTube\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.youtube.com%2F%40kahnswickandfoti&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=YouTube&index=8&md5=96c73a33cdbb6bfd4ada4a5296f75730)\n|| TikTok\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.tiktok.com%2F%40kahn.swick.foti&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=TikTok&index=9&md5=4fd1f1c0f920781e8321ba2c5b274cfb)\n|| LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fksfcounsel&esheet=54603995&newsitemid=20260914642353&lan=en-US&anchor=LinkedIn&index=10&md5=929636fbcb349e7663d067aa5a136b72)\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260914642353/en/\n(https://www.businesswire.com/news/home/20260914642353/en/)\n\nKahn Swick & Foti, LLC\n\nLewis Kahn, Managing Partner\n\nlewis.kahn@ksfcounsel.com \n(mailto:lewis.kahn@ksfcounsel.com) \n1-833-538-3606\n\n1100 Poydras St., Suite 960\n\nNew Orleans, LA 70163\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-14T18:22:00.158367671Z","server_sent_at_ms":1789410120158},"received_at":"2026-09-14T18:22:00.217Z","source_url":"https://www.businesswire.com/news/home/20260914642353/en/"},"analysis":{"id":"131820","press_release_id":"142987","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":["law-firm solicitation, not an issuer disclosure -- treat as low-signal noise","recites previously reported risk items: ongoing securities class action against FSK and executives","references dividend cut of nearly a third and above-industry-average non-accruals from Feb 2026 disclosures"],"eventType":"legal_litigation","narrative":"Kahn Swick & Foti, LLC announced it has commenced an investigation into whether officers and directors of FS KKR Capital Corp (NYSE: FSK) breached fiduciary duties or violated state or federal law.\n\nThe notice recites previously reported issues: portfolio value declines and quarterly losses in 2025, a growing share of non-paying investments, a dividend cut of nearly a third disclosed with Q4 2025 results in February 2026, and a CIO earnings-call acknowledgment that identified troubled investments accounted for only about half of losses.\n\nFSK and certain executives already face an ongoing securities class action referenced in the release; the KSF announcement is an investor-solicitation seeking information and long-term holders, containing no new disclosure from the company itself.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm investigation notice -- suppress; underlying securities class action and credit-quality issues already public."},"keyFigures":{"customDimensions":{"dividend_cut_referenced":"nearly a third (per KSF recitation of Feb 2026 Q4 results)","identified_problem_investments_share_of_losses":"about half (per KSF characterization of CIO earnings-call remarks)"}},"namedEntities":{"people":[{"name":"Charles C. Foti, Jr.","role":"Former Attorney General of Louisiana and partner at Kahn Swick & Foti, LLC"},{"name":"Lewis Kahn","role":"Managing Partner, Kahn Swick & Foti, LLC"},{"name":"Pietrzak","role":"Chief Investment Officer, FS KKR Capital Corp"}],"products":[],"companies":[{"name":"FS KKR Capital Corp","ticker":"FSK","relationship":"subject of investigation (filer)"},{"name":"Kahn Swick & Foti, LLC","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by Kahn Swick & Foti announcing an investigation into FSK officers/directors. No new issuer disclosure, no certified class, no settlement; the securities class action it references was already public."},"tickerRelevance":{"others":[],"primary":"FSK"},"globalImportance":15,"audienceRelevance":18,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large BDC / income-oriented retail holding","eventGravity":"law-firm-investigation-solicitation","issuerAuthored":false,"newInformation":false,"underlyingFactsReferenced":["portfolio losses and rising non-accruals","dividend cut of nearly a third","ongoing securities class action"]}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Kahn Swick & Foti, LLC announced it has commenced an investigation into whether officers and directors of FS KKR Capital Corp (NYSE: FSK) breached fiduciary duties or violated state or federal law.\n\nThe notice recites previously reported issues: portfolio value declines and quarterly losses in 2025, a growing share of non-paying investments, a dividend cut of nearly a third disclosed with Q4 2025 results in February 2026, and a CIO earnings-call acknowledgment that identified troubled investments accounted for only about half of losses.\n\nFSK and certain executives already face an ongoing securities class action referenced in the release; the KSF announcement is an investor-solicitation seeking information and long-term holders, containing no new disclosure from the company itself.","key_figures":{"customDimensions":{"dividend_cut_referenced":"nearly a third (per KSF recitation of Feb 2026 Q4 results)","identified_problem_investments_share_of_losses":"about half (per KSF characterization of CIO earnings-call remarks)"}},"named_entities":{"people":[{"name":"Charles C. Foti, Jr.","role":"Former Attorney General of Louisiana and partner at Kahn Swick & Foti, LLC"},{"name":"Lewis Kahn","role":"Managing Partner, Kahn Swick & Foti, LLC"},{"name":"Pietrzak","role":"Chief Investment Officer, FS KKR Capital Corp"}],"products":[],"companies":[{"name":"FS KKR Capital Corp","ticker":"FSK","relationship":"subject of investigation (filer)"},{"name":"Kahn Swick & Foti, LLC","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-14T18:22:31.742Z","global_importance":15,"audience_relevance":18,"importance_components":{"tickerTier":"large BDC / income-oriented retail holding","eventGravity":"law-firm-investigation-solicitation","issuerAuthored":false,"newInformation":false,"underlyingFactsReferenced":["portfolio losses and rising non-accruals","dividend cut of nearly a third","ongoing securities class action"]}},"durationMs":31510,"modelName":"glm-5.3-flash"}}