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Federman & Sherwood Reminds Investors of Imminent Lead Plaintiff Deadline in Securities Class Action Lawsuit Against TrueCar, Inc.

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OKLAHOMA CITY, May 23, 2018 (GLOBE NEWSWIRE) -- On March 30, 2018, a class action lawsuit was filed in the United States District Court for the Central District of California against TrueCar, Inc. (NASDAQ:TRUE).  Federman & Sherwood reminds current and former shareholders of TrueCar, Inc. that they only have until Friday, June 1, 2018 to move the court for appointment as a lead plaintiff in this case.  The Complaint alleges violations of Section 10(b) and Section 20(a) of the Securities Exchange Act, and Rule 10b-5 promulgated thereunder.

If you purchased TrueCar, Inc. shares between February 16, 2017 and November 6, 2017, have large losses as a result of your trades during this time period, and wish to join this litigation as a potential lead plaintiff, please contact our office as soon as possible.  Our firm seeks to recover damages on behalf of the Class.  Federman & Sherwood has extensive experience and expertise in prosecuting securities litigation involving financial fraud.  We represent investors throughout the country in shareholder litigation.

William B. Federman
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
(405) 235-1560/Fax: (405) 239-2112
Email to: wbf@federmanlaw.com - www.federmanlaw.com

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