On July 15, 2019, TrueCar, Inc. (the “Company”) announced that, on July 12, 2019, the United States District Court for the Southern District of New York granted the Company’s motion to reconsider the court’s earlier decision, dated March 27, 2019, to deny in part the Company’s motion for summary judgment in the NY Lanham Act Litigation (as defined in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2019 filed by the Company with the Securities and Exchange Commission on May 10, 2019), brought against the Company by certain dealer plaintiffs represented by Bellavia Blatt P.C. As a result, the court granted the Company’s motion for summary judgment as to the entirety of the plaintiffs’ Lanham Act claims. In light of the dismissal of the plaintiffs’ sole federal claim, the court declined to exercise supplemental jurisdiction over the state-law claims alleged by the plaintiffs’ amended complaint and therefore dismissed them without prejudice. If the plaintiffs appeal the court’s decision, or elect to file any of the dismissed state-law claims in state court, the Company will continue to vigorously defend itself in this matter.

The information in this Item 7.01 of this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

About TrueCar, Inc. (NASDAQ:TRUE)

TrueCar, Inc. offers a diverse software ecosystem for buying cars. The Company’s software ecosystem is based on a common technology infrastructure, and powered by data and analytics. The Company operates its platform on the TrueCar Website and its branded mobile experience. It customizes and operates its platform on a co-branded basis for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for enterprises. Its network of approximately 11,000 TrueCar Certified Dealers consists primarily of new car franchises, as well as independent dealers selling used vehicles. Its subsidiary, ALG, Inc., provides forecasts and consulting services regarding determination of the residual value of an automobile at given future points in time. It obtains automobile purchase data from various sources and uses this data to provide consumers and dealers with geographically specific, real-time pricing information.