BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of TrueCar, Inc. (“TrueCar” or the “Company”) (NASDAQ: TRUE) investors concerning the Company and its officers’ possible violations of federal securities laws.
On February 2, 2018, TrueCar disclosed the unexpected resignation of its Chief Financial Officer, Michael Guthrie, for personal reasons effective as of the prior day. On this news, shares of TrueCar fell $0.50, or more than 4%, to close at $11.25 per share on February 2, 2018, thereby injuring investors. The Company had previously disclosed, on November 6, 2017, poor quarterly financial results attributed partially to a redesign of a partner website that significantly decreased traffic to TrueCar’s website.
If you purchased TrueCar securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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