NAB First-Half Earnings Miss Forecasts Amid Rising Global Risks 
GameStop Eyes eBay Acquisition as Stock Prices Surge After Hours 
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance 
Coles Group Q3 Sales Rise Driven by Supermarkets and E-Commerce Growth 
Supreme Court Asked to Reinstate Mail-Order Access to Abortion Pill Mifepristone 
Berkshire Hathaway Meeting Sees Shift as Greg Abel Steps Into Leadership Spotlight 
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Samsung Appoints New TV Business Head Amid Rising Competition from Chinese Rivals 
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue 
SAN FRANCISCO, May 07, 2018 -- Hagens Berman Sobol Shapiro LLP reminds investors in TrueCar, Inc. (NASDAQ:TRUE) of the June 1, 2018 Lead Plaintiff deadline in the pending securities class action. If you purchased or otherwise acquired TrueCar securities between February 16, 2017 and November 6, 2017 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
https://www.hbsslaw.com/cases/TRUE
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing
In February 2017, Defendants made positive statements regarding their TrueCar business, and then on May 2, 2017 adopted trading plans under which officers and directors sold hundreds of thousands of shares, along with Director Steven Dietz and various Upfront limited partnerships.
On November 6, 2017, Defendants announced the Company missed its guidance of unit sales and in part attributed the shortfall to a website redesign by its largest affinity group marketing partner – USAA – for which they admitted prior knowledge. This news drove the price of TrueCar shares down $5.76, or about 35%, to close at $10.58 on November 7, 2017.
“TrueCar investors have suffered enormous losses while insiders made off with millions,” said Hagens Berman partner Reed Kathrein. “We’re focused on Defendants’ statements about TrueCar’s USAA channel and their knowledge of problems before November 6, 2017 and before their insider sales in May, July and August.”
Whistleblowers: Persons with non-public information regarding TrueCar should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email [email protected].
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with 70+ attorneys in 11 offices across the country. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact:
Reed Kathrein, 510-725-3000
