Kaskela Law LLC Announces Investigation of TrueCar, Inc. on Behalf of Stockholders - TRUE

May 30, 2019 09:30 am
NEWTOWN SQUARE, Pa. -- 

Kaskela Law LLC is investigating TrueCar, Inc. (Nasdaq: TRUE) (“TrueCar” or the “Company”) on behalf of the Company’s stockholders.

TrueCar stockholders who purchased shares of the Company’s stock before November 6, 2017 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or via http://kaskelalaw.com/case/truecar-inc/, to discuss this investigation and their legal rights and options.

A shareholder class action complaint was filed against TrueCar on behalf of certain investors who purchased shares of the Company’s stock between February 16, 2017 and November 6, 2017. During this time period, shares of the Company’s stock traded as high as $21.00 per share. Among other things, the shareholder complaint alleges that TrueCar violated the federal securities laws by making a series of materially false and misleading statements to investors concerning the impact that extensive website changes were having on the Company business, operations, and financial results.

Kaskela Law LLC is investigating whether the Company’s officers and/or directors violated the securities laws or otherwise failed to properly fulfill their fiduciary duties to the Company and its stockholders in connection with the above alleged misconduct.

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

This notice may constitute attorney advertising in certain jurisdictions.

D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com
[email protected]