Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
1
Total Settlement
$28.25M
2:18cv2612 • March 30, 2018
Class Period Start
February 16, 2017
Class Period End
February 2, 2018
PSLRA Deadline
June 1, 2018
Case Allegations
10b5
Statutes of Repose
Feb 16, 2020
Country
United States
Court
Federal Court
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
March 4, 2020
Settlement Fund
$28,250,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that 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, inclusive (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.
Claim Administrator
Epiq
TrueCar Securities Litigation
P.O. Box 3410
Portland, OR 97208-3410
+1 877-327-1184
[email protected]
Settlement Website
www.TrueCarSecuritiesSettlement.comHearing Date
January 27, 2020
Opt-out Deadline
January 6, 2020
Settlement Note
Download hereProof Of Claim
Download here
Apr 16, 2021
Disbursement Approved
The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.
May 26, 2020
Final Approval of Settlement
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
Oct 16, 2019
Proof of Claim Form
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
Oct 15, 2019
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
May 9, 2019
Class Certification Granted
The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).
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