1. Ademi Firm investigates TrueCar for fiduciary duty breaches. 2. Shareholders will receive $2.55 per share, totaling $227 million. 3. Transaction limits competing bids with heavy penalties for acceptance. 4. Board conduct is under scrutiny for shareholder rights. 5. Insiders get substantial benefits amidst the investigation.
The investigation suggests potential mismanagement and risk to share value. Historical cases show that fiduciary breaches often lead to lawsuits and decreased stock prices.
The ongoing investigation can impact shareholder perceptions and lead to price fluctuations, affecting TRUE directly.
The investigation can trigger immediate reaction from investors. Cases like this usually create volatility in the stock price in the near term.
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 gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
Shareholders of TrueCar will receive $2.55 per share, representing an equity value of approximately $227 million. TrueCar insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for TrueCar by imposing a significant penalty if TrueCar accepts a competing bid. We are investigating the conduct of the TrueCar board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP