Leon D. Milbeck vs. TrueCar, Inc., et al., No. 2:18-CV-02612 (SVW-AGR) (C.D. Cal.)
Welcome to the Settlement website for the TrueCar Securities Litigation pending in the United States District Court for the Central District of California (the "Action").
If you purchased or otherwise acquired (1) the publicly traded TrueCar common stock of TrueCar, Inc. (“TrueCar” or the “Company”) from February 16, 2017 through November 6, 2017 (the “Settlement Class Period”), or (2) the common stock of TrueCar pursuant and/or traceable to the secondary offering of TrueCar common stock conducted on or about April 26, 2017 (the “Offering”) and were damaged thereby, you may be entitled to receive a payment under the proposed settlement of a securities class action lawsuit.
Please be advised that the Court-appointed Lead Plaintiff, Oklahoma Police Pension and Retirement Fund (“Lead Plaintiff”), on behalf of itself and the Court-certified Settlement Class (as defined in the Notice), have reached a proposed settlement of the Action for $28,250,000.00 in cash that, if approved, will resolve all claims in the Action (the “Settlement”).
PLEASE READ THE NOTICE CAREFULLY. The Notice explains important rights you may have, including the possible receipt of cash from the Settlement. If you are a member of the Settlement Class, your legal rights will be affected whether or not you act.