Thieler Law Corp advises investors with losses exceeding $100,000 of the June 1, 2018 lead plaintiff deadline in a class action lawsuit filed against TrueCar Inc (NASDAQ: TRUE) (“TrueCar” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased TrueCar Inc securities between February 16, 2017 and November 6, 2017, have until June 1, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased TrueCar Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the United Services Automobile Association (“USAA”) had been planning significant changes to its website that would have a material adverse effect on the volume of purchases generated by USAA; that USAA made significant changes to its website that would have a material adverse effect on the volume of purchases generated by USAA; that the changes to USAA's website maintained by TrueCar caused a material adverse effect on the volume of purchases generated by USAA; and that, as a result of the foregoing, Defendants' statements about TrueCar's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

On November 6, TrueCar revealed that USAA had made significant changes to its website that had a material adverse effect on the volume of purchases generated by USAA.

Following this news, NASDAQ: TRUE fell over 35%, closing at $10.58 per share on November 7, 2015.

On February 2, 2018, the Company revealed the unexpected resignation of its Chief Financial Officer, Michael Guthrie, for personal reasons effective as of the prior day.

If you were negatively impacted by your investment in TrueCar Inc securities between February 16, 2017 and November 6, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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