TrueCar, Inc. (TRUE)
TRUE Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of TRueCar, Inc.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of TrueCar, Inc. (“TrueCar” or the Company”) (NASDAQ: TRUE). The investigation concerns whether TrueCar and certain of its officers and/or directors have violated federal securities laws.
On February 21, 2020, TrueCar revealed it only received a short-term contract extension with USAA Federal Savings Bank, a third of TrueCar’s revenues. Following this news, TrueCar stock dropped roughly 12% during intraday trading on February 21, 2020.
If you are aware of any facts relating to this investigation, or purchased TrueCar shares, you can learn more about the investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.