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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
TrueCarTrueCar(US: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]