SHAREHOLDER ALERT: Schubert Firm Investigating Possible Breaches of Fiduciary Duty by TrueCar, Inc. (TRUE) Officers and Directors
TrueCar, Inc. (TRUE)
Last truecar, inc. earnings: 2/20 04:03 pm
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US:NASDAQ Investor Relations:
ir.true.com/investor-relations
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Source: PR Newswire
SAN FRANCISCO, Sept. 9, 2019 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of the shareholders of TrueCar, Inc. (NASDAQ: TRUE), related to the company's statements regarding key affiliate USAA's website redesign in June 2017. TrueCar, which purports to provide prospective buyers with the "true" market price for new and used cars, relies on affinity group marketing partners for website traffic. These partnerships are critical to TrueCar's unit sales growth and financial performance. Historically, TrueCar's most important affinity partner has been the United States Automobile Association ("USAA"), which has generated nearly one-third of the company's annual unit sales and revenues. As part of its close partnership with USAA, TrueCar maintained and operated a co-branded car buying website with USAA. However, when USAA decided to redesign the website in 2017 to de-emphasize car purchasing and gather information about personal finance
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Earnings
- 11/6/24 - Beat
TRUE
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- TRUE's page on the SEC website