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TrueCar Continues DrivenToDrive Initiative, Partners with wear blue: run to remember, to Honor Military Sacrifice
Prnewswire· 2025-10-22 17:30
Accessibility StatementSkip Navigation SANTA MONICA, Calif., Oct. 22, 2025 /PRNewswire/ -- TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced the continuation of its DrivenToDrive initiative, now in its eighth year. For 2025, TrueCar renews its partnership with wear blue: run to remember, a nonprofit organization dedicated to honoring the service and sacrifice of military members who have died while servi ...
TrueCar Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of TrueCar, Inc. - TRUE
Businesswire· 2025-10-17 19:10
Core Viewpoint - The proposed sale of TrueCar, Inc. to Fair Holdings, Inc. is under investigation to assess the fairness of the cash offer to shareholders [1] Group 1: Transaction Details - TrueCar shareholders are set to receive $2.55 in cash for each share they own as part of the proposed transaction [1] - The transaction is led by Scott Painter, the founder of TrueCar [1] Group 2: Investigation Purpose - Kahn Swick & Foti, LLC is investigating whether the cash consideration offered to TrueCar shareholders is adequate [1]
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of TrueCar, Inc. (NASDAQ: TRUE)
Prnewswire· 2025-10-16 21:30
Accessibility StatementSkip Navigation NEW YORK, Oct. 16, 2025 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating TrueCar, Inc. (NASDAQ: TRUE) related to its sale to Fair Holdings, Inc. Upon completion of ...
TrueCar, Inc. (NASDAQ: TRUE) Acquisition and Stock Performance Insights
Financial Modeling Prep· 2025-10-16 17:05
Core Viewpoint - TrueCar, Inc. is set to be acquired by Fair Holdings, Inc. in an all-cash transaction valued at approximately $227 million, with stockholders receiving $2.55 per share, aligning with the revised price target from Lake Street [2][3][6] Company Overview - TrueCar, Inc. operates as a digital automotive marketplace connecting consumers with certified dealers, focusing on transparency and value for users, including military and credit union members [1] - The company has a market capitalization of around $212.26 million and a trading volume of 7,371,431 shares, indicating its significance in the automotive marketplace [5] Stock Performance - TrueCar's stock has experienced a notable increase of 62.16%, equivalent to $0.92, with daily fluctuations between $2.335 and $2.50 [4][6] - Over the past year, the stock reached a high of $4.62 and a low of $1.052, showcasing its volatile nature in the market [4] Analyst Rating - Lake Street maintains a "Hold" rating for TrueCar while raising its price target to $2.55 from $2, reflecting confidence in the company's acquisition deal [2][6]
SHAREHOLDER RIGHTS ALERT: Halper Sadeh LLC Investigates TRUE and HI on Behalf of Shareholders
Prnewswire· 2025-10-15 21:04
Group 1 - Halper Sadeh LLC is investigating TrueCar, Inc. for potential violations related to its sale to Fair Holdings, Inc. at $2.55 per share [1] - Hillenbrand, Inc. is under investigation for its sale to an affiliate of Lone Star Funds for $32.00 per share in cash [2] - The firm may seek increased consideration for shareholders and additional disclosures regarding the proposed transactions [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options without any out-of-pocket payment for legal fees [4] - Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [4]
TRUE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of TrueCar, Inc. Is Fair to Shareholders
Businesswire· 2025-10-15 19:16
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of TrueCar, Inc. to Fair Holdings, Inc. at a price of $2.55 per share for TrueCar shareholders [1]. Group 1: Investigation Details - The investigation focuses on whether TrueCar and its board of directors violated federal securities laws or breached fiduciary duties by not obtaining the best possible consideration for shareholders [3]. - Concerns include whether Fair Holdings is underpaying for TrueCar and if all material information necessary for shareholders to assess the merger consideration has been disclosed [3]. Group 2: Potential Actions - On behalf of TrueCar shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures, and other relief related to the proposed transaction [4].
Shareholder Alert: The Ademi Firm investigates whether TrueCar Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-10-15 17:00
Accessibility StatementSkip Navigation MILWAUKEE, Oct. 15, 2025 /PRNewswire/ -- The Ademi Firm is investigating TrueCar (Nasdaq: TRUE) for possible breaches of fiduciary duty and other violations of law in its transaction with Lone Star Funds. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+Newsrooms &Influencers ...
TrueCar to Be Acquired by Founder-Led Strategic and Financial Investor Group in All-Cash Go-Private Transaction
Prnewswire· 2025-10-15 12:45
Accessibility StatementSkip Navigation TrueCar Stockholders to Receive $2.55 per Share in Cash; the Equity Value of the Transaction is Approximately $227 Million TrueCar Founder Scott Painter to Return as the Company's Leader Post-Close Acquisition Focused on Providing Members of Partner Organizations, Including Military and Credit Unions, Greater Transparency and Value with TrueCar's National Network of Certified Dealers SANTA MONICA, Calif., Oct. 15, 2025 /PRNewswire/ -- TrueCar, Inc. (NASDAQ: TRUE), one ...
Needham Downgrades TrueCar To Hold, Stock Drops
Financial Modeling Prep· 2025-10-07 20:38
Core Viewpoint - Needham downgraded TrueCar Inc. from Buy to Hold, resulting in a more than 14% decline in shares intra-day on Tuesday [1] Group 1: Company Performance - TrueCar has struggled to capitalize on improving new vehicle inventories, with meaningful growth yet to emerge despite stabilization in dealer counts and transactions per dealer [1] - Analysts noted that TrueCar's reliance on new vehicle leads has not turned into a sustained advantage, particularly in light of intensifying competition from used-vehicle lead generation companies targeting the new-vehicle market [2] Group 2: Market Valuation - Needham indicated that TrueCar's stock appears fairly valued, trading at a modest premium to industry peers amid lingering uncertainty regarding its growth prospects [2]
CSE Bulletin: Name and Symbol Change - Treatment.com AI Inc. (TRUE)
Newsfile· 2025-08-18 20:15
Group 1 - Treatment.com AI Inc. has announced a name and symbol change to Rocket Doctor AI Inc. [1][2] - Shares will begin trading under the new name and symbol, AIDR, on August 21, 2025 [1][2] - A new CUSIP number, 772924 10 6, will be assigned along with the name change [3] Group 2 - All open orders will be canceled at the end of business on August 20, 2025, and dealers must re-enter their orders [1][2]