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TrueCar Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of TrueCar, Inc. - TRUE

By: Kahn Swick & Foti, LLC via Business Wire
October 17, 2025 at 15:10 PM EDT

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TrueCar, Inc. (NasdaqGS: TRUE) to Fair Holdings, Inc., an entity led by TrueCar founder Scott Painter. Under the terms of the proposed transaction, shareholders of TrueCar will receive $2.55 in cash for each share of TrueCar that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-true/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20251017831783/en/

Contacts

Kahn Swick & Foti, LLC

Lewis S. Kahn, Managing Partner

lewis.kahn@ksfcounsel.com

855-768-1857

1100 Poydras St., Suite 960

New Orleans, LA 70163

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