Halper Sadeh LLC Takes Action for TRUE and HI Shareholders Amid Research

Shareholder Rights Alert: Investigation into TRUE and HI

Halper Sadeh LLC, a prominent investor rights law firm, has launched an investigation into the practices of TrueCar, Inc. and Hillenbrand, Inc. concerning their proposed sales that may pose risks to shareholders' rights and return.

TrueCar: Proposed Sale Overview

TrueCar is reportedly in talks to sell its operations to Fair Holdings, an entity spearheaded by Scott Painter, the company's founder. The proposed deal is valued at $2.55 per share. Investors are urged to be cautious as this sale could be seen as undervalued. Halper Sadeh LLC is assessing whether TrueCar failed to uphold its fiduciary duties by accepting this offer that might not fully represent the company's potential market value.

If you hold shares in TrueCar, it is essential to understand your rights and alternatives concerning this transaction. The implications of selling at such a price could limit your eventual returns and warrant legal analysis of the situation.

Hillenbrand: Examination of Cash Sale

In a parallel scenario, Hillenbrand, Inc. has proposed a sale to an affiliate of Lone Star Funds, with each share valued at $32.00 in cash. This transaction invites scrutiny as the firm's governance and decision-making processes may not have prioritized shareholder interests adequately. Halper Sadeh LLC seeks to uncover whether all necessary disclosures have been made to shareholders and whether the offered price reflects a fair value for the company’s stock.

Shareholders of Hillenbrand are encouraged to explore their legal rights to ensure they are not left at a disadvantage during this transaction. Understanding the implications of such a buyout could be critical for shareholders seeking to maximize their investments.

Advocating for Shareholder Rights

Halper Sadeh LLC is committed to advocating for shareholders who might have been adversely affected by securities fraud and corporate misfeasance. If you are a shareholder in either TrueCar or Hillenbrand, reaching out to Halper Sadeh LLC could provide you with crucial insights into your legal position and the actions you can take moving forward.

The firm operates on a contingency fee basis, meaning there’s no upfront cost for shareholders when seeking legal assistance. Halper Sadeh LLC’s mission includes recovering funds for those impacted by inadequate corporate governance and making corporate entities accountable.

This situation is an example of the underlying challenges in corporate transitions that often expose shareholders to risks if proper protocols and evaluations are not followed. Representation from attorneys well-versed in securities law can be invaluable in these cases, helping investors grasp their rights and area positions.

Contact Information for Shareholders

If you are concerned about either transaction, reach out to Daniel Sadeh or Zachary Halper at Halper Sadeh LLC at (212) 763-0060. You can also email [email protected] for further consultation, especially concerning legal rights and potential next steps.

Your voice matters in these proceedings, and ensuring shareholder concerns are aired is integral to current corporate governance practices. Don’t hesitate to seek information about protecting your interests and securing a fair evaluation during these transactions.

As a reminder, past performance does not guarantee future results; however, the fight for transparency and fairness in corporate dealings remains pivotal in reinforcing shareholder confidence in their investments.

Whether you are a current shareholder in TrueCar or Hillenbrand, being proactive with your rights could make all the difference in safeguarding your investments during these pivotal changes.