Blue Owl Capital, Inc. (NYSE: OWL)

This lawsuit is for anyone who acquired securities in Blue Owl Capital, Inc. (NYSE: OWL) from February 6, 2025 through November 16, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely disclose to investors that the Company was experiencing meaningful pressure on its asset base from BDC redemptions.

On October 30, 2025, before the market opened, Blue Owl reported financial results for the third quarter of 2025. Blue Owl reported, among other things, fee-related earnings of only $376.2 million, which missed consensus estimates; fee related earnings margins of 57.1% which missed expectations by roughly 20 basis points; and performance revenue, which fell 33% year over year to only $188,000. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on November 5, 2025, after the market closed, Blue Owl’s business development companies (“BDCs”), Blue Owl Capital Corporation (“OBDC”) and Blue Owl Capital Corporation II (“OBDC II”) announced they had entered into a definitive merger agreement and that “OBDC II does not anticipate conducting additional tender offers prior to the merger.” Under the terms of the proposed merger, “shareholders of OBDC II will receive newly issued whole shares of OBDC for each share of OBDC II based on the exchange ratio determined prior to closing.” “The exchange ratio will be calculated based upon (i) the NAV [net asset value] per share of OBDC and OBDC II, each determined before merger close and (ii) the market price of OBDC common stock (‘OBDC Price’) before merger close.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Blue Owl Capital, Inc. (NYSE: OWL) from February 6, 2025 through November 16, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.