Energy News / Shareholders Foundation, Inc.

NASDAQ:TRUE Investor Alert: Deadline on June 1, 2018 in Lawsuit Against TrueCar, Inc

Via: ReleaseWire

Updated 12:15 PM CDT, Mon, May 21,2018

A Deadline is coming up on June 1, 2018 in the lawsuit for investors in TrueCar, Inc. (NASDAQ: TRUE) and NASDAQ: TRUE stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 05/21/2018 -- The Shareholders Foundation announces that a deadline is coming up on June 1, 2018 in the lawsuit filed for certain investors of TrueCar, Inc. (NASDAQ: TRUE) over alleged securities laws violations by TrueCar, Inc.

Investors who purchased shares of TrueCar, Inc. (NASDAQ: TRUE) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff claims that between February 16, 2017 and November 6, 2017, the defendants made false and/or misleading statements and/or failed to disclose that USAA had been planning significant changes to its website that would have a material adverse effect on the volume of purchases generated by USAA, that USAA made significant changes to its website that would have a material adverse effect on the volume of purchases generated by USAA, that the changes to USAA's website maintained by TrueCar caused a material adverse effect on the volume of purchases generated by USAA, and that, as a result of the foregoing, Defendants' statements about TrueCar's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

Those who purchased shares of TrueCar, Inc. (NASDAQ: TRUE) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqtrue-investor-alert-deadline-on-june-1-2018-in-lawsuit-against-truecar-inc-980684.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com