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TrueCar Execs Face Stock-Drop Suit Over Affiliate’s Redesign

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > TrueCar Execs Face Stock-Drop Suit Over Affiliate’s Redesign

TrueCar Execs Face Stock-Drop Suit Over Affiliate’s Redesign

Law360 (March 7, 2019, 4:48 PM EST) — TrueCar Inc. executives misled investors about the financial impact of an affiliate’s website revamp and conducted “suspicious” insider sales ahead of a massive stock drop, a shareholder said in his derivative…

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