Halper Sadeh LLC Encourages HSII, PRO, TRUE Shareholders to Contact the Firm to Discuss Their Rights
Investigation Announcement: Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the sales of Heidrick & Struggles, PROS Holdings, and TrueCar, urging shareholders to act quickly to enforce their rights.
Details of Sales: Heidrick & Struggles is being sold for $59.00 per share, PROS Holdings for $23.25 per share, and TrueCar for $2.55 per share, with the firm seeking increased consideration and additional disclosures for shareholders.
Legal Support Offered: The law firm offers to handle cases on a contingent fee basis, meaning shareholders will not incur out-of-pocket legal fees, and encourages them to contact the firm for a free consultation regarding their rights.
Firm's Background: Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered significant funds for defrauded investors.
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TrueCar Acquired by Fair Holdings for $227 Million, Refocusing on Profitability
- Transaction Completion: TrueCar has completed its acquisition by Fair Holdings, Inc. for $227 million, marking its transition to a private entity with founder Scott Painter returning as CEO to enhance profitability.
- Strategic Partnerships: The deal involves strategic partners like PenFed Credit Union, Zurich North America, and AutoNation, aiming to integrate products and services to support TrueCar's long-term vision and improve consumer car-buying experiences.
- Profitability Focus: Painter emphasized a disciplined approach to achieving sustainable profits, with plans to deepen collaborations with over 11,500 dealers to drive sales growth and increase market share.
- Enhanced Digital Experience: TrueCar will leverage its technology platform to provide transparent pricing and a streamlined digital experience, while PenFed expands its direct auto-lending capabilities through TrueCar, offering faster approvals and guaranteed savings to its members.

TrueCar Acquired by Fair Holdings for $227 Million, Refocusing on Profitability
- Transaction Completion: TrueCar announced the completion of its acquisition by Fair Holdings, Inc. for $227 million, marking its transition to a private entity with founder Scott Painter returning as CEO to enhance profitability.
- Strategic Partnerships: The deal involves key partners like PenFed Credit Union and AutoNation, with PenFed expanding its direct auto-lending capabilities through TrueCar, offering faster approvals and transparent pricing, thereby strengthening TrueCar's market position.
- Long-Term Vision: TrueCar aims to build deep collaborative relationships with over 11,500 dealers to support its long-term strategy, focusing on enhancing the car-buying experience through technology while providing efficient sales support to dealers for mutual success.
- Industry Leader's Return: Scott Painter's return to TrueCar emphasizes a disciplined and focused operational approach aimed at achieving sustainable profitability and leveraging partnerships to expand market share and drive future growth.









